Market Overview for Open Campus/Tether (EDUUSDT)
Summary
• Price action shows a bearish bias after breaking below key 5-minute support levels.
• Volume and turnover diverge in late hours, signaling potential indecision.
• Bollinger Band contraction indicates a possible breakout.
• MACD shows bearish momentum with a negative cross in the last 30 minutes.
• RSI enters oversold territory but lacks bullish confirmation.
Open Campus/Tether (EDUUSDT) opened at 0.145 on 2025-12-23 12:00 ET, peaked at 0.1475, and closed at 0.1464 on 2025-12-24 12:00 ET, with a low of 0.1441. Total 24-hour volume reached 609,894 and notional turnover stood at $90,844.
Structure & Formations
Price carved a bearish channel on the 5-minute chart, with resistance at 0.1467 and support at 0.1452. A bearish engulfing pattern emerged after 21:00 ET, while a doji at 0.1452 around 05:00 ET signaled indecision.
Fibonacci retracements of the 0.1441–0.1475 swing suggest key levels at 38.2% (0.1461) and 61.8% (0.1454). Moving Averages
The 20 and 50-period moving averages on the 5-minute chart are bearishly aligned, with price below both. On the daily chart, the 50-period line is near 0.1458, aligning with the lower end of the recent consolidation range.
MACD & RSI
MACD turned negative at 0.0001, with a bearish cross forming after 00:00 ET. RSI dipped below 30 in late hours but remains without a convincing rebound, suggesting potential oversold conditions without strong bullish momentum.
Bollinger Bands
Volatility tightened during the night, with price clustering near the middle band. A breakout above 0.1469 or a break below 0.1441 could signal the next directional move, with expansion expected as a result.
Volume & Turnover
Volume spiked above 50,000 during the 03:30–04:00 ET and 04:30–05:00 ET windows, but price failed to make significant moves during those periods. A divergence between volume and price suggests cautious sentiment.
Price may test key support at 0.1452 over the next 24 hours, with a potential reversal possible if RSI and volume confirm a rebound. Traders should be cautious of a further dip below 0.1441, which could trigger additional short-term bearish momentum.
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