Market Overview for Open Campus/Tether (EDUUSDT) on 2025-10-11

• Price dropped sharply in early hours, breaching 0.13 → 0.10 range, then consolidated near 0.1030 by close.
• Momentum diverged during selloff, with RSI hitting oversold levels but volume declining in key moves.
• Volatility spiked during initial breakdown, followed by contraction during consolidation phase.
• Key support at 0.0975–0.1000 held briefly; resistance at 0.1025–0.1050 appears critical for next move.
• Bollinger Bands constricted at consolidation phase, hinting at potential breakout or reversal.

The Open Campus/Tether (EDUUSDT) pair opened at 0.1357 on 2025-10-10 at 12:00 ET and closed at 0.1028 on 2025-10-11 at 12:00 ET, with a 24-hour high of 0.1374 and low of 0.0400. Total traded volume was 235,556,651.00, and notional turnover reached 11,999,717.00. Price saw a sharp sell-off in early trading hours, breaking below 0.13 before stabilizing near 0.1025–0.1030.

Structure & Formations

The price experienced a dramatic breakdown from 0.13 to as low as 0.04 in a single session, forming a bearish impulse phase followed by a shallow consolidation. A key support zone at 0.0975–0.1000 held briefly, with a bearish engulfing pattern forming at the 0.1030 level. A potential bullish reversal is suggested if the price closes above 0.1030 with confirmation via volume and RSI divergence. A doji appeared near 0.1008–0.1010, signaling indecision.

Moving Averages

On the 15-minute chart, the price traded below both the 20 and 50 EMA, indicating bearish bias. The 50 EMA is at ~0.1030–0.1040, and the 20 EMA is at ~0.1050, both above the current price. For daily timeframes, the 50/100/200 EMA levels are expected to be higher than 0.1050, confirming the bearish trend and the need for a sustained move above 0.1030 to challenge the 50 EMA and regain bullish momentum.

MACD & RSI

The RSI dropped into oversold territory (~25–30) during the consolidation phase but failed to generate a strong bounce, indicating bearish momentum remains in control. The MACD turned negative and is flat, suggesting a potential reversal is pending. If the RSI crosses above 50 with confirmation from the MACD, a bullish reversal could be triggered. Divergence between RSI and price during the consolidation period hints at a potential turning point.

Bollinger Bands

Volatility spiked during the sharp selloff, with the bands expanding to a range of ~0.04–0.13. After a period of consolidation, the bands have contracted to a range of ~0.10–0.1040, with the price currently sitting near the lower band at 0.1028. A breakout above the upper band at 0.1035–0.1040 would be a bearish signal if the move is confirmed with volume and RSI divergence.

Volume & Turnover

Volume spiked during the initial breakdown phase, particularly in the 21:00–22:00 ET timeframe, with a single 15-minute candle trading over 4.7 million units. Since the consolidation began, volume has declined, indicating weaker conviction in the bearish trend. Notional turnover also declined during the consolidation phase, suggesting traders are waiting for a breakout before committing capital. A volume surge on a bullish reversal would confirm the move.

Fibonacci Retracements

Key Fibonacci levels from the 0.1374 high to the 0.0400 low include 38.2% at ~0.0975, 61.8% at ~0.0810, and the 50% level at ~0.0887. The price is currently near the 38.2% retracement and has tested the 0.1000 level twice, which overlaps with the 38.2% and 50% retracement levels. A sustained close above 0.1030 could trigger a move toward the 50% retracement at 0.0887.

Backtest Hypothesis

Given the recent price behavior and key support/resistance levels, a potential backtesting strategy could involve a breakout-based approach. Traders may look to enter long positions if the price closes above 0.1030 with confirmation via volume and RSI divergence, while short positions could be triggered on a breakdown below 0.0975. Stops could be placed at the opposite end of the consolidation range, and take-profit targets could be set at the 38.2% retracement level or the 50 EMA. This strategy would benefit from a clear breakout and divergence in momentum indicators to confirm the trend direction.