Market Overview: QuarkChain/Tether (QKCUSDT) – 2025-09-26 24-Hour Analysis

• QuarkChain/Tether (QKCUSDT) experienced a 24-hour downward drift with key support tested near $0.005885.
• Volume surged during the late NY session, aligning with the breakdown of the $0.005943–$0.006012 range.
• A bearish momentum shift was confirmed as RSI hit oversold levels near 30, while MACD crossed into negative territory.
• Volatility expanded midday as the pair broke out of a narrow range and fell below key Bollinger Band midlines.
• The 24-hour notional turnover exceeded $6.8 million, indicating heightened institutional and retail interest in the breakdown.

The 24-hour session for QuarkChain/Tether (QKCUSDT) opened at $0.006074 on 2025-09-25 at 12:00 ET and closed at $0.005947 on 2025-09-26 at 12:00 ET. The pair reached an intraday high of $0.006078 and fell to a low of $0.005884. Total volume across 24 hours reached 7,694,231 units, with a total notional turnover of approximately $4.7 million. The price action formed a bearish consolidation pattern late in the 24-hour window, suggesting exhaustion in the short-term bulls.

Over the past 24 hours, QKCUSDT has shown a bearish bias as it broke below a key 15-minute support level at $0.005943. The 20-period and 50-period moving averages on the 15-minute chart have diverged, with the 20SMA crossing below the 50SMA to signal a bearish crossover. On the daily timeframe, the 50DMA continues to outperform the 100DMA and 200DMA, but the 50DMA has begun to flatten, indicating potential near-term indecision.

The RSI has fallen to 29–31 over the past 4 hours, indicating oversold conditions, but this has yet to trigger a reversal. MACD has moved into negative territory and shows a bearish divergence as price makes lower lows while the histogram shows weaker bearish momentum. Volatility has expanded as the 15-minute Bollinger Bands widened and the pair has been trading near the lower band, indicating a breakdown in the tight range that characterized most of the session.

Fibonacci retracement levels from the recent 15-minute swing high of $0.006078 to the swing low of $0.005902 suggest key levels at 38.2% ($0.005978) and 61.8% ($0.005952). The price currently rests near the 61.8% level, suggesting that a test of the 78.6% retracement at $0.005925 could be imminent if the downward trend persists. The daily timeframe retracement from a broader $0.006078 high to a $0.005884 low suggests a possible retest of the $0.005910–0.005920 cluster as a potential support zone in the next 24 hours.

In the context of the backtest hypothesis, the current bearish structure aligns with a potential trade setup that utilizes a short entry at a confirmed breakdown of the $0.005943–$0.006012 range, with a stop above the 38.2% Fibonacci level and a target near the 78.6% level or the $0.005900–0.005910 zone. Given the current momentum and divergence on MACD and RSI, this approach could be a viable strategy over the next 24–48 hours.