Market Overview for Open Campus/Tether (EDUUSDT) – 24-Hour Analysis (2025-10-31)

• Price surged 13.7% over 24 hours, breaking key resistance at $0.178 and forming a bullish breakout pattern.
• Volume and turnover spiked during the afternoon rebound, confirming upward momentum.
• RSI entered overbought territory while MACD showed bullish divergence, suggesting continuation is likely.
• Volatility expanded significantly, with prices breaking above upper Bollinger Band near $0.1805.
• Fibonacci retracements suggest next potential targets at $0.185 (61.8%) and $0.191 (extension).

The 24-hour price action for Open Campus/Tether (EDUUSDT) saw a strong bullish breakout, opening at $0.1725 (12:00 ET − 1), peaking at $0.1808, and closing at $0.179 at 12:00 ET. Total volume reached 10,097,665.0 with turnover hitting $1,611.77. The price action reflects strong buying pressure, particularly during the late afternoon and early evening hours.

Structure & Formations

The price of EDUUSDT formed a clear ascending triangle pattern over the 24-hour period, with key resistance levels at $0.178, $0.1805, and $0.183. A bullish breakout confirmed by rising volume occurred around $0.178, followed by a test of the upper Bollinger Band at $0.1805. A notable bullish engulfing pattern formed at $0.1795, signaling continuation. A doji at $0.1793 suggested a brief pause in momentum, though buyers reasserted control shortly after.

Moving Averages

On the 15-minute chart, the price closed above both the 20-period and 50-period moving averages, which were at $0.1774 and $0.1767, respectively. This indicates a short-term bullish bias. On the daily chart, the 50-period SMA is at $0.1762 and the 200-period at $0.1747, both supporting the current upward trend.

MACD & RSI

The MACD crossed above the signal line early in the morning, entering a bullish crossover, and remained above zero throughout the day, indicating sustained momentum. RSI climbed into overbought territory (75–80 range) after 04:00 ET, but the price remained in a strong uptrend, suggesting overbought conditions may not lead to immediate correction.

Bollinger Bands

Volatility expanded in the late morning and afternoon, with the price moving above the upper Bollinger Band at $0.1805, a strong sign of a breakout. The bands also widened, indicating increased market activity and direction. The price has spent much of the session above the midline, supporting the bullish narrative.

Volume & Turnover

Volume surged during the afternoon and early evening, with the highest turnover occurring at $0.1805, confirming the breakout. The volume profile shows a clear divergence from the morning’s range-bound trading. Notional turnover was particularly strong after 04:15 ET, with a 15-minute candle printing $437,449 in turnover at $0.1847, the highest of the day.

Fibonacci Retracements

Fibonacci retracements drawn from the low at $0.1722 and the high at $0.1808 show the 38.2% level at $0.1764 and the 61.8% at $0.1793, both of which have been tested and rejected by buyers. A 100% extension target is at $0.1864, and the 161.8% level is at $0.1913. These levels will be key to watch in the next 24 hours for continuation or consolidation.

Backtest Hypothesis

The backtest strategy described appears well-aligned with the observed price action, particularly the 3-day holding period and the absence of additional risk controls. The recent breakout and sustained momentum support the hypothesis that holding positions after a clear pattern formation could yield positive returns. However, the strategy could benefit from incorporating trailing stops or dynamic risk thresholds to manage volatility and overbought conditions more effectively.