Market Overview: Open Campus/Tether (EDUUSDT)

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Friday, Jan 2, 2026 1:48 am ET1min read
EDU
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Aime RobotAime Summary

- EDUUSDT saw a sharp bearish reversal after a bullish engulfing pattern near 0.1602–0.1613, breaking key support levels.

- RSI showed overbought conditions followed by rapid bearish momentum, while Bollinger Bands contracted before a strong expansion.

- Volume spiked over 432k during the decline to 0.1587, confirming selling pressure as price approached the critical 61.8% Fibonacci level at 0.1596.

- Current consolidation near 0.1590–0.1584 raises risks of further downside if psychological and Fibonacci support levels fail.

Summary
• Price surged past 0.1610, forming a bullish engulfing pattern near 0.1602–0.1613.
• Volume spiked over 400k during a sharp decline to 0.1587, confirming bearish momentum.
• RSI indicates overbought conditions earlier, followed by a rapid bearish reversal.
• Bollinger Band contraction preceded expansion, with price breaking below the 20-period lower band.
• Fibonacci 61.8% level at 0.1596 now appears critical as support/resistance converges.

Open Campus/Tether (EDUUSDT) opened at 0.1600 on 2026-01-01 12:00 ET and closed at 0.1593 on 2026-01-02 12:00 ET, with a high of 0.1627 and a low of 0.1584. Total volume reached 896,837.0, while turnover amounted to 147,717.2769.

Price Structure and Candlestick Patterns


The 24-hour price action on
EDUUSDT
displayed a sharp bearish reversal following a brief bullish push. A bullish engulfing pattern emerged between 0.1602 and 0.1613 before a large bearish candle broke through key support levels. A doji near 0.1610 and a long bearish shadow below 0.1605 indicated indecision and distribution.

Technical Indicators and Trends


Relative Strength Index (RSI) reached overbought levels early, peaking near 70, before trending downward into oversold territory. Moving Average Convergence Divergence (MACD) reflected weakening bullish momentum, with the histogram contracting after a short-lived positive peak. Bollinger Bands showed a narrow contraction before a strong expansion as volatility surged.

Volume and Turnover Analysis


Volume surged dramatically during the bearish reversal, with a single candle at 05:00 ET recording over 432k volume as price dropped from 0.1611 to 0.1587.
This move coincided with a large notional turnover of 69,112.08, suggesting significant selling pressure. However, volume has since declined, indicating a potential pause in momentum.

Fibonacci and Key Levels


Fibonacci retracements drawn from the 0.1584 low to the 0.1627 high highlight key levels at 0.1603 (38.2%), 0.1596 (61.8%), and 0.1590 (78.6%). Price currently sits near the 61.8% level, which may act as a critical pivot for near-term direction.

The market appears to be consolidating after a sharp bearish move, with potential support at 0.1590–0.1584. A break below that could test psychological and Fibonacci levels further. Investors should remain cautious of increased volatility and divergence between price and indicators, which may signal a continuation or reversal.