QUICKUSDT Market Overview: 24-Hour Breakdown for 2025-09-10

• Price action shows a bullish reversal from the early morning low of $0.02444 to a 24-hour high of $0.02559
• Momentum picked up in the afternoon with strong volume and higher highs forming a potential ascending triangle
• Volatility expanded as Bollinger Bands widened, signaling increased market participation and directional bias
• RSI indicates near-neutral momentum with no immediate overbought or oversold conditions
• Volume spiked in the midday session confirming the recent price rise toward $0.0255

The Quickswap/Tether USDt (QUICKUSDT) pair opened at 0.02482 on 2025-09-09 at 12:00 ET, reaching a low of 0.02444 before surging to a high of 0.02559 by 14:00 ET on 2025-09-10. The pair closed at 0.02533 as of 16:00 ET on the 10th. Total volume across the 24-hour period amounted to 12,393,909.0 with a notional turnover of approximately $310,444.73, reflecting strong buyer participation.

Structure & Formations

The price action on the 15-minute chart formed a clear ascending triangle pattern from 06:00 ET through 14:00 ET, with a rising lower boundary and a flat resistance at approximately 0.0252. This pattern often signals a potential bullish breakout. A key support level emerged around 0.0247–0.0248, with several candles bouncing off this range during the early hours. A large bullish engulfing pattern appeared at 08:15 ET, confirming the shift in sentiment after a morning consolidation phase.

Moving Averages

On the 15-minute chart, the 20-period moving average (SMA) crossed above the 50-period SMA early in the morning, indicating a bullish crossover. Later, the 50-period SMA crossed above the 100-period SMA on the daily chart at 10:00 ET, reinforcing the short-term bullish trend. Price remained above both moving averages for the majority of the session, suggesting the dominance of buyers.

MACD & RSI

The MACD showed a bullish divergence with a positive histogram that expanded in the late morning and into the early afternoon, aligning with the ascending triangle breakout. The RSI remained in a mid-range of 50–60 most of the day, with a brief spike toward 60 at 14:00 ET indicating strong momentum. No clear overbought or oversold levels were observed, suggesting the market remains balanced and could continue in the current direction.

Bollinger Bands

Bollinger Bands widened significantly in the afternoon, reflecting increased volatility. Price tested the upper band at 0.02559 at 14:00 ET and closed near the middle band, indicating strong buying pressure. The lower band hovered around 0.02444–0.02447, coinciding with a key support level. The volatility expansion supports the view that the pair is likely to test resistance at 0.0255 and possibly break out.

Volume & Turnover

Volume surged during the midday and afternoon sessions, especially around 12:45 ET and 13:15 ET, as price broke higher. Notional turnover also spiked during these times, confirming the strength of the rally. A divergence between price and volume was observed briefly in the evening, but buyers reasserted themselves with strong volume in the late morning, suggesting the bullish trend may continue.

Fibonacci Retracements

Fibonacci retracement levels for the recent 15-minute swing from 0.02444 to 0.02559 showed price finding support at the 38.2% and 61.8% levels. The 61.8% level, at approximately 0.02503, held early in the morning before the price continued to rise. The 100% level at 0.02559 acted as a short-term resistance, with a test expected ahead.

Backtest Hypothesis

A potential backtest strategy could involve entering a long position upon a confirmed break of the ascending triangle’s upper boundary at 0.0252 and a bullish crossover of the 20-period SMA above the 50-period SMA. A stop-loss could be placed just below the 0.0247 support, with a take-profit target at 0.0255–0.0256. Given the recent volume confirmation and RSI neutrality, this approach seeks to capitalize on the continuation of the current bullish trend while managing risk through strict position sizing and exit rules.