Open Campus/Tether (EDUUSDT) Market Overview

• Open Campus/Tether (EDUUSDT) closed lower on volatile 24-hour action, with a bearish bias forming late in the session.
• Price broke below key support at 0.142 and found temporary support near 0.1390.
• RSI showed bearish momentum divergence, and volume spiked on the breakdown.
• Bollinger Bands expanded as volatility surged, with price near the lower band.
• Fibonacci levels suggest 0.1390–0.1370 as critical near-term support targets.

The Open Campus/Tether (EDUUSDT) pair opened at 0.1451 on 2025-09-23 12:00 ET and closed at 0.1390 on 2025-09-24 12:00 ET, with a high of 0.1461 and a low of 0.1370. Total 24-hour volume was 27,832,697 and notional turnover amounted to approximately 4,070. The pair faced bearish pressure following a breakdown below key support levels, with a pronounced selloff during the overnight session.

Structure & Formations

Price action showed a bearish breakdown pattern as support at 0.142 was pierced, leading to a continuation lower. A key bearish engulfing pattern formed around 0.142–0.1406, reinforcing the downward trend. A doji appeared near 0.1416, signaling indecision and a possible short-term pause in the decline. Resistance levels emerged near 0.1435 and 0.1455, with strong support at 0.1390 and 0.1370.

Moving Averages

Short-term moving averages on the 15-minute chart (20-period and 50-period) have crossed lower, confirming the bearish bias. The daily 50-period MA is now below the 100-period MA, indicating a weakening trend. The 200-period MA acts as a strong long-term support level at 0.1398.

MACD & RSI

MACD showed a bearish crossover with the histogram turning negative, reinforcing the downward momentum. RSI fell below 30 and entered oversold territory, suggesting a potential bounce near 0.1390–0.1380. However, the divergence between RSI and price during the breakdown implies caution, as bearish conditions may persist.

Bollinger Bands

Bollinger Bands expanded during the selloff, indicating rising volatility. Price closed near the lower band at 0.1390, which acts as a short-term support. A bounce from this level could see a retest of the 0.1410–0.1420 zone, but a break below 0.1370 could extend the range further.

Volume & Turnover

Volume spiked during the breakdown below 0.142, confirming the move lower. The heaviest volume occurred in the early hours of 2025-09-24, particularly around 03:30–04:30 ET. Notional turnover surged in line with price action, showing no clear divergence. However, volume tailed off during the final hours, suggesting a possible consolidation phase ahead.

Fibonacci Retracements

Fibonacci levels from the 0.1461 high to the 0.1370 low indicate key support at 0.1413 (23.6%), 0.1401 (38.2%), and 0.1388 (61.8%). A break below 0.1370 would extend into the 78.6% retracement zone. These levels may serve as potential reversal points or continuation signals depending on volume and order flow.

Backtest Hypothesis

A backtesting strategy could focus on shorting on a break below key Fibonacci levels like 0.142 and 0.1390, with stop-loss placed above the 0.1435 resistance. Given the bearish divergence in RSI and the breakdown confirmation via volume, this approach may be viable for short-term traders. A long setup could be triggered if price bounces from 0.1390–0.1380 with a clear reversal candle and increasing volume.

Looking ahead, investors should monitor the 0.1390–0.1370 range for potential support and watch for a break above 0.1410 to signal a near-term reversal. However, bearish momentum remains strong, and further downside risks exist. As always, position sizing and risk management remain critical.