Open Campus/Tether Market Overview for 2026-01-01

Summary
• Price rose 0.8% from 0.1604 to 0.1617 amid increased volume near key resistance.
• A bullish engulfing pattern emerged at 0.1620–0.1625, signaling potential short-term strength.
• RSI shows moderate momentum with no overbought/oversold signals; MACD suggests upward bias.
• Bollinger Bands show mild expansion with price near the upper band during final 5 hours.
• Turnover spiked 150% near 05:30–06:30 ET, aligning with price break above 0.1642.

24-Hour Price and Volume Summary

At 12:00 ET–1 on 2026-01-01, Open Campus/Tether (EDUUSDT) opened at 0.1604, reached a high of 0.1700, and closed at 0.1617 by 12:00 ET on 2026-01-01, with a low of 0.158. Total volume over the 24-hour period was 1,972,332, and notional turnover was 315,661.87.

Structure & Formations

Price action over the 24-hour period featured a key bullish engulfing pattern on the 5-minute chart near 0.1620–0.1625, confirming a short-term reversal from downward to upward momentum. A minor support level appears to have formed around 0.1606, with a strong resistance area near 0.1642, where price broke through during the early morning hours. A doji formed near 0.1605–0.1606, indicating indecision among traders during a brief pullback.

Moving Averages and Momentum

The 20-period and 50-period moving averages on the 5-minute chart remained bullish, with price consistently above both, suggesting upward bias. RSI has remained in the mid-range, hovering between 40 and 60, with no clear overbought or oversold signals. The MACD line crossed above the signal line near 0.1640, suggesting a short-term bullish momentum shift.

Bollinger Bands and Volatility

Bollinger Bands reflected moderate volatility expansion during the final five hours of the 24-hour window, as price pushed near the upper band at 0.1700. Earlier in the day, the bands were relatively compressed, indicating a consolidation phase. Price closed near the middle band, suggesting a potential continuation of the upward move unless a pullback occurs.

Volume and Turnover

Volume saw a sharp increase during the 5:30–6:30 ET window, coinciding with the price breakout above 0.1642. Notional turnover increased by over 150% during this period, confirming the strength of the breakout. Earlier in the day, volume was mixed, with no clear divergence between price and turnover.

Fibonacci Retracements

On the 5-minute chart, the recent swing low at 0.1604 and swing high at 0.1700 provided key Fibonacci levels. Price closed near the 61.8% retracement level at 0.1643, which may serve as an initial target for a potential pullback.

Looking ahead, EDUUSDT appears poised to test the 0.1700–0.1705 level over the next 24 hours. However, a pullback to the 61.8% Fibonacci retracement at 0.1643 could see renewed interest. Investors should remain cautious of potential consolidation or a reversal if support at 0.1620 fails to hold.