Open Campus/Tether (EDUUSDT) Market Overview for 24-Hour Period

• Price surged 18% from $0.1234 to $0.1558 amid strong buying pressure
• Intraday range expanded with high volatility, testing key resistance zones
• Volume spiked during bullish reversal phases, confirming trend strength
• Momentum diverged in the final 6 hours, hinting at near-term consolidation
• 61.8% Fibonacci level at $0.1440 acted as dynamic support during pullbacks

Open Campus/Tether (EDUUSDT) traded between $0.1234 and $0.1581 over the 24-hour period, closing at $0.1558 as of 12:00 ET today. Total volume reached 58.4 million contracts, while notional turnover stood at $8.28 million, signaling a strong increase in participation compared to prior sessions.

The price action on the 15-minute chart displayed a clear bullish bias, especially after the 20:00 ET time frame, where volume spiked to over 1.9 million contracts in a single candle. Key resistance levels at $0.1430 and $0.1500 were decisively breached, while $0.1440 (61.8% retracement of the previous bearish leg) became a critical support during consolidation periods. A bullish engulfing pattern emerged at $0.1367–$0.1425, reinforcing the strength of the recovery.

Moving averages on the 15-minute chart saw the 20-period line cross above the 50-period line, forming a short-term bullish signal. On the daily chart, the 50-period MA crossed above the 200-period MA, indicating a broader upward trend. MACD expanded into positive territory, with a strong histogram bar at $0.1474, while RSI reached 68 at peak momentum, hinting at overbought conditions but not yet extreme. Bollinger Bands showed a marked expansion in the late hours of the session, with price staying above the midline and within the upper band, suggesting sustained momentum.

Volume and notional turnover were closely aligned with price surges, particularly between 20:00 and 23:45 ET, where large-volume bullish candles confirmed demand. A divergence appeared in the final 6 hours, where price continued to rise while volume declined modestly. This may indicate a potential exhaustion phase or a consolidation ahead. Fibonacci levels at 38.2% ($0.1403) and 61.8% ($0.1440) provided key psychological supports, with price testing but not breaking below $0.1440 in the morning hours.

The MACD and RSI indicators played a central role in defining the bullish momentum and trend strength observed during the 24-hour session. A backtest strategy could be constructed by leveraging these signals to generate buy opportunities when MACD crosses above zero and RSI is not overbought (below 70). Specifically, one could test a strategy where a long position is initiated on a golden cross of MACD (signal line and histogram expansion) and a 50-period MA crossing above the 200-period MA, with an exit rule of holding the position for five days or until the RSI shows bearish divergence. This approach would provide a rules-based framework to capture the recent upward bias in EDUUSDT while managing risk through a fixed exit time or divergence-based stop-loss.