AS Roma Fan Token/Tether Market Overview

• ASRUSDT surged 22.1% in 24 hours, forming strong bullish momentum and breaking key resistance levels.
• Volatility and turnover spiked during the 0715–0730 ET rally, confirming aggressive buying pressure.
• RSI hit overbought territory, while MACD showed a bullish crossover, signaling potential continuation.
• Price tested and bounced off the 2.31–2.32 consolidation area before breaking higher.
• Bollinger Bands widened sharply post-breakout, indicating heightened short-term volatility.

AS Roma Fan Token/Tether (ASRUSDT) opened at 2.151 on 2025-09-26 12:00 ET, surged to a high of 2.55, hit a low of 2.148, and closed at 2.308 at 2025-09-27 12:00 ET. Total 24-hour volume was 1,322,625.0 and total turnover reached approximately $3,049,437.30.

The market structure revealed two distinct phases: a period of consolidation followed by a sharp breakout. From 16:00 to 23:45 ET, price oscillated within a 2.148–2.313 range. This was followed by a powerful upward surge beginning at 00:00 ET, where ASRUSDT broke above 2.31 and surged to a peak of 2.55 in under 90 minutes. The candlestick at 0715–0730 ET was a large bullish white real body, confirming strong conviction. A potential resistance zone formed between 2.52 and 2.55, coinciding with the high of the breakout candle.

Key support levels identified in the 24-hour period include 2.302–2.31, where price found multiple bounces post-breakout. A doji formed at 14:30 ET, signaling indecision after a brief pullback, and a bullish engulfing pattern appeared at 00:45–01:00 ET, confirming the resumption of upward momentum. The 20-period and 50-period moving averages on the 15-minute chart crossed to the upside as the rally accelerated, aligning with the overall bullish bias.

On the momentum side, the RSI surged into overbought territory (above 70), suggesting a potential pullback may be due unless the buying pressure is sustained. The MACD crossed above the signal line and remained in positive territory, indicating strong bullish momentum. Bollinger Bands widened significantly during the breakout, with price reaching the upper band at 2.55, a level that may now serve as a psychological resistance. The 38.2% Fibonacci retracement level (2.38) coincided with a key consolidation area, while the 61.8% level (2.47) marked the upper edge of a key swing range.

Backtest Hypothesis
Given the strong breakout above key resistance and the confirmation of bullish momentum through RSI and MACD, a potential backtest strategy would involve entering long at a retest of the 2.32–2.34 consolidation range, with a stop-loss placed below 2.28 (a prior key support level) and a take-profit at 2.50–2.55. The strategy would aim to capture continuation of the upward trend following a pullback to the 38.2% Fibonacci level.