EDUUSDT Market Overview: Open Campus/Tether USDt Nears 0.1365 on Rising Momentum
• Price surged 1.66% on rising momentum and volume spikes in late ET trading
• Volatility expanded as price moved above key 0.1325 psychological level
• RSI and MACD showed bullish alignment, but overbought conditions emerged near 0.1365
• BollingerBINI-- Bands widened, suggesting increased short-term uncertainty
• Volume confirmed price action with higher turnover in late-day bullish waves
Opening Narrative
Open Campus/Tether USDt (EDUUSDT) opened at 0.1311 on 2025-09-09 12:00 ET and traded as high as 0.1367 before closing at 0.1360 at 12:00 ET today. Total 24-hour volume reached 25,802,566.0 and notional turnover amounted to approximately 3,435,539.0 USD. The pair showed strong late-day bullish momentum as buyers pushed price above a key 15-minute resistance level.
Structure & Formations
The 15-minute chart showed a strong bullish bias throughout the 24-hour period, especially after 19:30 ET, where a large bullish engulfing pattern formed as price surged past 0.1325. A key support level was identified around 0.1313–0.1315, which was tested multiple times during the early hours and held. On the daily chart, 0.1305 appears as a critical support level, while resistance could be found near 0.1365–0.1367 based on recent highs.
Moving Averages
The 20-period and 50-period moving averages on the 15-minute chart remained in bullish alignment, with the 20-line well above the 50-line. On the daily chart, the 50/100/200 EMA lines were trending upward, confirming a longer-term bullish bias. Price is currently trading above all major moving averages, suggesting that the uptrend is intact.
MACD & RSI
The MACD remained in positive territory throughout most of the session, with a strong bullish crossover occurring around 20:00 ET, which coincided with the breakout above 0.1325. RSI surged to overbought levels (above 70) near 0.1365, signaling a potential pullback could be near. However, the RSI remained above the 60 level through most of the session, suggesting that momentum remained firmly on the buy side.
Bollinger Bands
Bollinger Bands widened significantly during the late ET hours, reflecting increased volatility. Price moved outside the upper band briefly after hitting 0.1367, suggesting short-term overbought conditions. The middle band (20-period SMA) was around 0.1342 during the close of the session, indicating a strong bullish deviation from the mean.
Volume & Turnover
Volume spiked significantly after 19:00 ET, peaking at 4,474,272.0 as price surged from 0.1323 to 0.1362. This large volume confirmed the bullish breakout rather than suggesting a false move. Turnover followed a similar pattern, with the largest single 15-minute turnover occurring at 10:15 ET when price surged to 0.1351. Divergences were minimal; price and volume moved in alignment across most of the session.
Fibonacci Retracements
Key Fibonacci levels on the recent 15-minute swing (from 0.1313 to 0.1367) placed 0.1345 at 38.2%, 0.1353 at 50%, and 0.1361 at 61.8%. Price found resistance near the 61.8% level before consolidating, indicating a potential short-term top. Daily Fibonacci levels from the 0.1295–0.1367 move suggest a possible retest of the 0.1342–0.1353 range.
Backtest Hypothesis
A potential backtesting strategy could leverage the MACD crossover and Fibonacci retrace levels to identify high-probability entries. Given the recent alignment of bullish indicators and price action above key moving averages, a strategy entering long on a MACD bullish crossover above the 0.1325–0.1328 support range could have yielded strong returns in this 24-hour window. Adding a stop-loss below 0.1313 and a take-profit at 0.1353–0.1365 aligns with the identified structure and volume behavior.
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