Market Overview for Open Campus/Tether (EDUUSDT)

Summary
• Price found support near 0.1373 and recovered to close near 0.1385, suggesting short-term stability.
• Volatility increased after 19:45 ET, with a sharp 0.1386–0.1393 rally driven by higher turnover.
• RSI signaled overbought conditions briefly, but a pullback into consolidation suggests indecision.
• Bollinger Bands tightened in the early hours before expanding during the upward push.
• Volume surged at the top of the rally but faded during the consolidation phase, indicating mixed conviction.

Open Campus/Tether (EDUUSDT) traded from 0.1386 at 12:00 ET–1 to a high of 0.1394 and a low of 0.1367, closing at 0.1385 by 12:00 ET. Total volume over the 24-hour period was 1,778,064, with a notional turnover of $235,897.

Structure & Formations

The price formed a bullish engulfing pattern at 0.1382–0.1386 after a brief dip, followed by a series of tight consolidations that suggest a possible reversal from the early bearish trend. A doji emerged near 0.1385, signaling indecision as buyers and sellers tested the level. Key support appeared at 0.1373, and resistance may develop near 0.1393 after the recent attempt to break through.

Moving Averages

On the 5-minute chart, the 20-period and 50-period moving averages are converging from below, suggesting a potential short-term bullish bias. On the daily chart, the 200-period MA remains a key reference point. Price is currently trading above the 50-period MA, indicating a tentative near-term positive bias, although it remains below the 100-period MA.

MACD & RSI

MACD showed a positive crossover during the late-night rally, with the histogram expanding during the 0.1386–0.1393 move. However, RSI reached overbought territory at one point and failed to maintain the momentum, indicating a possible correction.

The RSI’s slow decline suggests traders are pausing before committing to a breakout.

Bollinger Bands

Volatility contracted early in the session before expanding after the 19:45 ET candle. Price moved near the upper band during the rally and has since retreated to the middle band, indicating a potential continuation of the consolidation phase.

Volume & Turnover

Volume surged during the 23:00–01:00 ET window, with a peak at 0.1393. However, the subsequent pullback occurred on lower volume, suggesting that the buying pressure was not sustained. The divergence between price and volume may indicate a temporary pause in bullish momentum.

Fibonacci Retracements

The 38.2% Fibonacci level at 0.1379 acted as support, and price briefly tested the 61.8% level at 0.1386 before retreating. On the daily chart, the 61.8% retracement from the recent high is near 0.1387, which could be a key watch level for the next 24 hours.

Over the next 24 hours, EDUUSDT may test the 0.1387–0.1393 range for a potential breakout, but a failure to maintain above 0.1385 could lead to a retest of the 0.1373 level. Traders should remain cautious for mixed signals between volume and price.