Market Overview for Open Campus/Tether (EDUUSDT)

Summary
• Price declined from 0.1627 to 0.1497 over 24 hours, forming a bearish trend with key support at 0.154–0.152.
• Momentum weakened as RSI dipped into oversold territory and MACD diverged bearishly.
• Volatility expanded with Bollinger Bands widening, and large-volume moves amplified the downward bias.

Open Campus/Tether (EDUUSDT) opened at 0.1621 on 2025-11-11 at 12:00 ET and closed at 0.1595 on 2025-11-12 at 12:00 ET. The pair touched a high of 0.1669 and a low of 0.1493, with total volume amounting to 5,842,978.0 and total turnover at USD 884,593.00. The bearish 24-hour move has established a potential short-term consolidation phase between 0.152 and 0.158.

Structure & Formations

The 24-hour chart displayed a bearish consolidation, with key support levels forming between 0.1515–0.153 and resistance at 0.1605–0.1615. A long-bodied bearish candle on the 05:30–06:00 ET time frame (0.1564 to 0.1595) signaled renewed selling pressure. A potential double-bottom pattern may be forming near the 0.1515 level if buyers confirm with volume.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages both trended downward, reinforcing bearish momentum. For the daily chart, the 50-day and 200-day moving averages are aligned below current price, suggesting a medium-term bearish bias. The price remains below both 50 and 100-day averages, signaling weak near-term sentiment.

MACD & RSI

The MACD histogram has turned bearish and remains below the signal line, with divergence evident as price found support while MACD continued to decline. RSI has entered oversold territory (~28), indicating potential for a near-term bounce, but momentum remains weak. A breakout above the 50-level may signal a reversal attempt, though bearish continuation remains likely.

Bollinger Bands

Price volatility expanded as the Bollinger Bands widened significantly during the drop from 0.1669 to 0.1493. The price closed near the lower band at 0.1595, reinforcing the bearish tilt. A retest of the lower band could confirm short-term support, but a move above the middle band would require stronger conviction.

Volume & Turnover

Volume spiked during the 23:15–00:00 ET window, confirming the breakdown to 0.1502. Turnover was unevenly distributed, with the heaviest turnover concentrated during key bearish moves. A divergence between volume and price is not evident, suggesting consistent selling pressure rather than exhaustion.

Fibonacci Retracements

Key Fibonacci levels from the 0.1493 to 0.1669 move show 0.1562 (38.2%), 0.1601 (50%), and 0.1621 (61.8%). The price has stalled near 0.1595, below the 50% level, suggesting further downward pressure could follow. A break below 0.1562 may trigger a test of the 0.152 level.

Backtest Hypothesis

Applying a “buy at support, sell at resistance” strategy to EDUUSDT’s recent price action could be viable if support and resistance levels are clearly defined. For this backtest, we propose using the 50-day rolling low as support and the 50-day rolling high as resistance. Buy signals would be triggered when the daily close touches the rolling low, and sell signals when the daily close hits the rolling high. This approach avoids subjective thresholds and provides a rule-based framework for entry and exit.