Open Campus/Tether Market Overview (2025-09-20)

• EDUUSDT broke above 0.1460 on strong volume, signaling potential bullish momentum.
• Volatility expanded in the last 6 hours, with Bollinger Bands widening and RSI approaching overbought territory.
• A bullish engulfing pattern formed at 0.1406–0.1419, suggesting short-term buying pressure.
• Total turnover increased by 43% in the last 4 hours amid rising prices and mixed volume distribution.
• A key support level appears to be forming near 0.1425–0.1430, with Fibonacci 38.2% aligning closely.

The Open Campus/Tether (EDUUSDT) pair opened at 0.1403 on 2025-09-19 12:00 ET and closed at 0.1501 at 12:00 ET on 2025-09-20. The high for the 24-hour window was 0.1544, while the low was 0.1381. Total volume traded was approximately 10,242,737.0, with a notional turnover of $1,493,875.21.

Structure & Formations

EDUUSDT displayed a strong bullish breakout from a descending wedge structure, with the neckline at 0.1460 acting as a critical resistance. A bullish engulfing pattern formed near the 0.1406–0.1419 range, followed by a rapid rebound. The price has since tested a recent high at 0.1544, suggesting continuation of a strong short-term trend. A key support level appears near 0.1425–0.1430, with Fibonacci 38.2% (0.1427) reinforcing this area.

Moving Averages

On the 15-minute chart, the price is above both the 20-period and 50-period moving averages, indicating bullish momentum. On the daily chart, the 50-period and 100-period moving averages appear to be converging, suggesting a potential trend reversal if the price closes above the 200-period line. The moving averages collectively appear to support a continuation of the current upward move.

MACD & RSI

The MACD crossed above the zero line and has remained positive, with bullish divergence in the last four hours. RSI climbed to 69, nearing overbought territory, which could signal a potential pullback or consolidation phase. However, given the strong volume and trend continuation, a breakout above 0.1544 may see RSI push into overbought levels again.

Bollinger Bands

Bollinger Bands have widened significantly, reflecting increased volatility, especially from 0.1460 to 0.1544. The price has stayed above the upper band for the last three hours, indicating strong momentum. A retest of the lower band near 0.1406–0.1408 may offer a consolidation opportunity, with the 20-period moving average acting as a potential support.

Volume & Turnover

Volume spiked during the breakout above 0.1460 and remained elevated through the 0.1544 high. Turnover increased by 43% in the last 4 hours, with no significant divergence between price and volume. This suggests continued buying interest and confirms the validity of the breakout. The 12:00–16:00 ET period saw the highest volume, coinciding with the largest price movement.

Fibonacci Retracements

On the 15-minute chart, the most recent swing from 0.1406–0.1544 shows strong Fibonacci alignment at 38.2% (0.1427) and 61.8% (0.1503). A breakdown below 0.1427 could see the price test the 50% level at 0.1475 before facing 61.8% again. On the daily chart, the 50% Fibonacci level at 0.1465 coincides with the 20-period moving average, suggesting strong resistance ahead.

Backtest Hypothesis

Given the strong volume confirmation and alignment of Fibonacci and moving average levels, a potential strategy could involve a long entry at a break above 0.1503, with a stop-loss placed below 0.1460 and a take-profit target at 0.1544. This setup is consistent with a breakout continuation pattern, supported by bullish MACD and RSI divergence. A backtest using historical data could validate whether this level has historically held as a continuation signal and whether risk-to-reward ratios are favorable for repeated entries.