Summary
• Price action shows a bullish reversal pattern at 0.1614 with volume confirmation.
• Momentum diverged mid-day before reaccelerating upwards after 01:00 ET.
• Volatility expanded significantly as price broke above 0.1636 and tested Bollinger upper bands.
• Turnover increased by 68% in the final 6 hours, supporting the breakout.
• Key resistance appears at 0.1664 while support holds near 0.1611–0.1616.
24-Hour Snapshot
Open Campus/Tether (EDUUSDT) opened at 0.1617 on 2026-01-04 12:00 ET and closed at 0.1634 on 2026-01-05 12:00 ET, with a high of 0.1681 and low of 0.1596. Total 24-hour volume reached 1,083,866.0 and turnover totaled 173,928.81.
Price Structure and Patterns
Price found key support at 0.1614–0.1616 following a bearish 5-minute candle on 19:30 ET, which was followed by a bullish engulfing pattern on 20:30 ET. This appears to have triggered a reversal that carried into the early hours of the morning. A long bullish shadow appeared between 04:00–04:30 ET as volume surged, pushing price toward the 0.1657 resistance level.
Momentum and Volatility
Momentum as measured by MACD diverged briefly during the 23:00–00:15 ET window, suggesting hesitation, but reaccelerated as the 20-period EMA crossed above the 50-period line. RSI moved above 50 and remained in overbought territory for much of the session, with a peak at 62. Bollinger Bands expanded after 01:00 ET as price moved closer to the upper band, suggesting increased volatility and potential for a continuation of the bullish move.
Volume and Turnover Dynamics
Volume surged during the key 4:30–5:00 ET and 5:15–5:45 ET windows, with turnover rising in tandem. A divergence appeared between 03:30–04:00 ET where price continued higher but volume declined slightly, raising a caution flag. However, this was quickly offset by confirmation on 04:30 ET with a large bullish candle and 223k volume.
Key Levels and Fibonacci
Fibonacci retracements on the 0.1596–0.1681 swing show 0.1635 aligning with the 50% level and 0.1662 with the 61.8% level. The 50-period moving average currently sits near 0.1633, reinforcing the significance of this level.
The market appears to be testing new highs after a strong consolidation period. Forward-looking, a break above 0.1664 could target the 0.1681 previous high. Investors should remain cautious of potential pullbacks toward 0.1622–0.1625 and monitor the RSI for overbought signs.
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