Market Overview for Open Campus/Tether (EDUUSDT)

• Price opened at $0.1349 and closed at $0.1343, with a high of $0.1382 and low of $0.1332
• A broad intraday range of $0.0050 suggests elevated volatility amid mixed sentiment
• RSI and MACD show no clear overbought or oversold conditions, indicating balanced momentum
• Volume and turnover remain relatively stable, with no major divergences
• Key resistance appears near $0.1360 and support near $0.1340

Open Campus/Tether (EDUUSDT) opened at $0.1349 on 2025-09-16 at 12:00 ET and closed at $0.1343 on 2025-09-17 at 12:00 ET. The pair reached a high of $0.1382 and a low of $0.1332 over the 24-hour window. Total traded volume was 2,886,103. Total notional turnover (price × volume) over the 24-hour period was $378,644. The price action displayed a balanced tug-of-war between buyers and sellers.

Structure & Formations

The 24-hour chart shows a broad range-bound pattern between $0.1332 and $0.1382, with a key resistance cluster forming around $0.1360–$0.1365 and a potential support level at $0.1340–$0.1345. A notable bearish engulfing pattern appears on the candle closing at $0.1361 after a bullish attempt to $0.1376, signaling short-term exhaustion in buyers. A doji around $0.1357 also suggests indecision and potential trend reversal. The structure appears to lack a clear directional bias, making it a setup for consolidation or breakout.

Moving Averages and MACD/RSI

On the 15-minute chart, the 20-period and 50-period moving averages (SMA) are closely aligned around $0.1350–$0.1355, suggesting a lack of strong directional momentum. The MACD appears to oscillate without a clear trend, with the signal line lagging behind. The RSI is currently around 50, indicating neutrality and no overbought or oversold conditions. This suggests that the market is in a state of equilibrium, with buyers and sellers maintaining a near-even match in influence.

The 50-period daily moving average currently lies around $0.1348–$0.1350, while the 100- and 200-period lines are slightly lower, indicating that the longer-term trend is neutral to slightly bearish. The price remains well above the 200-period line, suggesting that the broader bullish sentiment has not yet been fully invalidated.

Bollinger Bands and Volatility

The Bollinger Bands have expanded significantly over the past 24 hours, with the upper band reaching as high as $0.1385 and the lower band touching $0.1325. The current price of $0.1343 is sitting just above the lower band, indicating that the market may be approaching an oversold condition. However, the wide band width points to elevated volatility and market uncertainty. A contraction in the bands could signal a potential breakout, either to the upside or downside.

Volume and Turnover Analysis

The volume profile shows moderate spikes during the late evening to early morning hours in New York time, with the largest volumes observed between $0.1360 and $0.1382. The notional turnover followed similar patterns, with significant activity during the upward push to $0.1382 and the subsequent pullback to $0.1343. No significant divergence between price and volume is observed, suggesting that the price movements are broadly supported by liquidity. A sharp volume increase during a breakout attempt could confirm a directional move.

Fibonacci Retracements

Fibonacci levels drawn from the major swing high at $0.1382 and the swing low at $0.1332 indicate key psychological levels. The 38.2% retracement is near $0.1355 and the 61.8% level is at $0.1365. The current price of $0.1343 is below the 38.2% retracement level, suggesting that the market may be testing the lower end of the Fibonacci range. A break above $0.1355 would indicate renewed buying interest, while a drop below $0.1340 could trigger further bearish pressure.

Backtest Hypothesis

A potential backtesting strategy could focus on identifying short-term breakouts from the $0.1330–$0.1365 range using the Fibonacci and Bollinger Band structures. Traders may look for confirmation via volume surges and a bullish RSI crossover above 50 during a breakout attempt. A stop-loss could be placed just below $0.1340, with a target at $0.1355 and an extended target at $0.1365. This strategy could be tested using historical 15-minute data to evaluate its consistency in range-bound and breakout scenarios. The MACD and RSI indicators could serve as momentum confirmers, ensuring that the move is supported by both price and sentiment.