Market Overview for QuarkChain/Tether (QKCUSDT) on 2025-10-26

• Price surged past $0.005438 before consolidating near $0.005420, with a sharp selloff below $0.005400.
• Volatility expanded during the 24-hour window, with a high of $0.005552 and low of $0.005330.
• High-volume rejection near $0.005552 suggests key resistance is now in play.
• RSI overbought above 65 during the rally, hinting at potential pullback.
• Bollinger Bands widened, reflecting increased uncertainty in directional bias.

The QuarkChain/Tether (QKCUSDT) pair opened at $0.005377 on 2025-10-25 at 12:00 ET and closed at $0.005438 at the same time on 2025-10-26. During the 24-hour period, it reached a high of $0.005552 and a low of $0.005330. Total volume traded was 20,875,790.0 QKC, and notional turnover came to approximately $110,407 USD. Price action was volatile, with a late rally above $0.005552 before consolidating at the session high.

The structure of the 15-minute candles reveals strong resistance clustering around $0.005450–0.005550, where multiple attempts to break higher led to sharp pullbacks. A large bullish engulfing pattern formed at $0.005400–0.005450, signaling possible momentum continuation. A notable bearish harami was also seen during the consolidation phase near $0.005480, suggesting caution. A key support level appears to be forming at $0.005400, where price found buying interest after a sharp drop in the early part of the session.

20-period and 50-period moving averages on the 15-minute chart crossed in the afternoon, with the 20-period line rising above the 50-period line—an early bullish signal. On the daily chart, the 50-period MA is above the 100-period and 200-period MAs, indicating a longer-term positive trend. The MACD showed bullish divergence late in the session, with price consolidating near the high while the histogram rose. RSI oscillated between overbought (68–70) and oversold (32–34) levels, indicating heightened volatility and potential for short-term reversals. Bollinger Bands showed expansion during the rally above $0.005500, with price trading near the upper band—suggesting high volatility and potential for a consolidation or reversal.

Fibonacci retracements for the most recent 15-minute swing from $0.005330 to $0.005552 identified key levels at $0.005447 (61.8%) and $0.005475 (38.2%), both of which saw price rejection or consolidation. Daily Fibonacci levels for the broader move remain relevant, especially as traders may look for retests of $0.005500 (61.8%) and $0.005400 (38.2%) in the near term.

The price may continue to consolidate near $0.005420–0.005440 in the next 24 hours, with potential for a test of the key resistance at $0.005552 or a pullback toward $0.005400. Traders should be cautious of volume divergence, especially if price rises above $0.005500 without a significant increase in turnover. A breakout above $0.005552 could trigger a wave of follow-through buying, but volatility remains a risk.

Backtest Hypothesis

The backtesting strategy centers on identifying inverted-hammer candlestick patterns, which historically indicate potential reversal points in crypto markets. Given the observed volatility and pattern formation in the QKCUSDT 15-minute chart, such a pattern could provide a high-probability short-term trade setup. If historical inverted-hammer dates for QKCUSDT are available, a 1-day holding-period backtest could validate its efficacy in capturing rebounds from pullbacks. However, the system is unable to locate the asset base info for QKCUSDT, which may point to data source limitations. To proceed, a verified exchange-qualified symbol or alternate data set would be required. This aligns with the technical indicators identified—RSI overbought conditions, bullish divergence in MACD, and Fibonacci retracement levels—suggesting the potential for a reversal or consolidation trade.