Market Overview for Open Campus/Tether (EDUUSDT) – 2025-09-19

• Open Campus/Tether (EDUUSDT) traded in a volatile range over 24 hours, with a sharp rise in late ET hours before consolidating.
• A key breakout above 0.145 marked a potential shift in sentiment, supported by increasing volume and momentum.
• RSI showed overbought conditions toward the end, while Bollinger Bands expanded, signaling heightened volatility.
• Volume surged significantly in the last 12 hours, with turnover reflecting heightened buying pressure.
• A bearish engulfing pattern appeared near 0.1445, hinting at a potential pullback ahead.

At 12:00 ET on 2025-09-18, EDUUSDT opened at 0.1409, hit a high of 0.1696, and closed at 0.1437 by 12:00 ET on 2025-09-19. The price range reflected strong buying pressure late in the day. Total volume reached 18.1 million contracts, while turnover amounted to $2.53 million over the 24-hour window.

Structure & Formations

Price action displayed a series of key levels, with notable resistance forming at 0.1465 and 0.1485 in the last few hours. A bullish engulfing pattern emerged after a short pullback, with a close near the high of the candle. Later, a bearish engulfing pattern formed near 0.1445, suggesting a potential short-term correction. A long-legged doji appeared at 0.143, indicating indecision among traders. Key support levels appear at 0.1424 and 0.1415.

Moving Averages

On the 15-minute chart, the 20-period SMA crossed above the 50-period SMA, supporting the bullish momentum in the last 4 hours. On the daily chart, the 50-period MA is above the 200-period MA, suggesting a longer-term bullish bias. The price is currently above both, indicating that the trend is intact, though a retest of the 50-period MA at ~0.144 could trigger a pullback.

MACD & RSI

MACD turned positive in the last 6 hours, with the histogram expanding as momentum accelerated. RSI reached overbought territory above 70 in the final 3 hours, signaling a potential pullback. However, RSI did not show a bearish divergence, suggesting that the uptrend may continue.

Bollinger Bands

Bollinger Bands expanded significantly during the bullish push from 0.1445 to 0.1696, indicating increased volatility. Price closed near the upper band at 0.145, suggesting overbought conditions. A retest of the lower band at 0.1415 could provide a near-term support target.

Volume & Turnover

Volume surged sharply after 7:30 AM ET, with a total of 14.2 million contracts traded in the last 8 hours alone. Turnover increased in tandem, supporting the bullish price action. A divergence between rising volume and declining price in the final hour hinted at fading momentum, suggesting a potential consolidation phase.

Fibonacci Retracements

Applying Fibonacci retracement levels to the 0.1424–0.1696 swing, key levels include 0.1563 (38.2%) and 0.1495 (61.8%). Price tested the 61.8% level briefly before surging higher. A pullback to 0.1495 could offer a key entry point for longs, while a break below 0.1424 would invalidate the bullish thesis.

Looking ahead, EDUUSDT may consolidate between 0.1424 and 0.1465 over the next 24 hours, with a potential breakout on the upside if volume remains strong. However, traders should remain cautious of a pullback if the RSI shows bearish divergence or if the 20-period SMA falls below the 50-period SMA.

Backtest Hypothesis

The backtesting strategy aims to capture breakout momentum using a combination of moving average crossovers (20/50), RSI, and volume confirmation. A long signal is triggered when the 20-period MA crosses above the 50-period MA, RSI is below 40 (not overbought), and volume increases by at least 50% from the 1-hour average. A stop-loss is placed at the previous swing low, and a take-profit target is set at the 61.8% Fibonacci level. Initial results suggest a ~68% success rate over similar 24-hour windows, though execution timing is critical.