Open Campus/Tether Market Overview (EDUUSDT)

• Price surged 9.7% from 0.1438 to 0.1460 before consolidating toward the close at 0.1440.
• A bullish engulfing pattern formed near 0.1440–0.1450, suggesting short-term buying interest.
• RSI moved from oversold to neutral (30–50), while volume spiked above 1.2M at peak.
• Bollinger Bands widened in the morning before narrowing, signaling reduced volatility.
• A potential support zone appears between 0.1430–0.1425, with a key resistance near 0.1450.

Open Campus/Tether (EDUUSDT) opened at 0.1438 on 2025-09-22 at 12:00 ET and reached an intraday high of 0.1478 before closing at 0.1440 at 12:00 ET on 2025-09-23. The pair traded between 0.1411 and 0.1478 during the period, with a total volume of 15,000,000 and a turnover of 2,145,000. The price action shows moderate bullish momentum following a key breakout attempt.

Structure & Formations

Key support levels appear at 0.1430–0.1425, where the price has previously found a floor, and again at 0.1415–0.1405 after a deep pullback overnight. Resistance levels cluster around 0.1450 and 0.1460, with a significant 15-minute bullish engulfing pattern forming at 0.1440–0.1450. The formation suggests accumulation ahead of the 0.1450 resistance level, with potential for a test of the 0.1460–0.1470 range in the near term.

A doji candle formed around 0.1440, signaling indecision after a sharp move up. This could indicate a short-term consolidation phase before a potential resumption of upward momentum. The 0.1435 level has served as a pivot point multiple times in the data, showing its importance as a potential support/resistance zone.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages are bullish, with the price above both. This suggests short-term momentum is intact. For the daily chart, the 50-period SMA has been a key resistance, while the 200-period SMA provides a long-term support at around 0.1415. The price remains above the 100-period SMA, suggesting the trend is still intact on the daily timeframe.

MACD & RSI

The RSI has moved from oversold territory (around 30) into neutral (30–50), indicating that the price may be in a consolidation phase after the rally. MACD remains in positive territory, with the line above the signal line, suggesting that bullish momentum has not fully dissipated. However, a divergence between price and RSI near the 0.1460 level may hint at a potential slowdown in upward momentum.

Backtest Hypothesis

A backtest strategy that enters long positions when the 15-minute RSI crosses above 30 and the price breaks above the 20-period moving average with a bullish engulfing pattern could be evaluated for this pair. This approach aims to capture the initial wave of momentum while filtering for high-probability setups. Given the recent price behavior and the RSI signal, such a strategy may have triggered entries around 0.1440–0.1450. The strategy should also include a stop-loss below the 0.1425–0.1430 support zone and a target near 0.1460–0.1470, aligning with observed resistance levels.