Market Overview for Open Campus/Tether (EDUUSDT)

Summary
• Price tested and held above $0.1365 support before rallying to $0.14.
• Momentum shifted midday as RSI crossed into overbought territory.
• Bollinger Bands widened during the rally, indicating increased volatility.
• Volume spiked during the $0.1365–$0.14 move, confirming bullish conviction.
• A bullish engulfing pattern formed near $0.1390, suggesting short-term strength.

Open Campus/Tether (EDUUSDT) opened at $0.1347 on 12:00 ET–1 and reached a high of $0.14 by 12:00 ET, finding a low of $0.1347. The pair closed at $0.1398 with a total volume of 2.12M and turnover of $300,857.

Structure & Formations

Price consolidated below $0.1365 before forming a strong bullish engulfing pattern around $0.1390. A key support level appears to be $0.1365, with resistance clustering near $0.1400. . A doji formed at $0.1398, suggesting short-term indecision.

Moving Averages and Momentum

On the 5-minute chart, price remained above the 20- and 50-period moving averages for much of the session, signaling a short-term uptrend. The 50-period line on the daily chart was approached but not crossed. RSI climbed into overbought territory during the rally, indicating a potential pullback could be imminent.

Bollinger Bands and Volatility

Bollinger Bands expanded during the morning rally as volatility increased. Price traded near the upper band during the peak at $0.14, suggesting a strong move but also a possible near-term reversal.

Volume and Turnover

Volume surged during the $0.1365–$0.14 move, confirming the bullish breakout. Turnover aligned with volume increases, showing no divergence. The highest single-candle turnover occurred at $0.1401, suggesting strong buying interest.

Fibonacci Retracements

A 5-minute retracement from the swing low at $0.1347 to the high at $0.1401 shows key levels at 38.2% ($0.1368) and 61.8% ($0.1384). Price appears to have found support at the 61.8% level before breaking higher.

The next 24 hours may see consolidation near $0.1400 as traders assess strength. A break below $0.1365 could trigger further downside, but bullish signals remain intact for now.