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Summary
• Price formed a bullish engulfing pattern near key support at $0.00423–0.00425.
• RSI and MACD signaled moderate bullish momentum, with RSI near neutral.
• Volatility expanded during late ET hours, with volume surging around $0.00426.
• Price closed above the 20-period 5-min MA, suggesting short-term strength.
• Bollinger Band contraction occurred early, followed by a breakout to the upside.
QuarkChain/Tether (QKCUSDT) opened at $0.004306 on 2025-12-08 at 12:00 ET and closed at $0.004259 on 2025-12-09 at 12:00 ET. The pair reached a high of $0.004311 and a low of $0.004223. Total volume amounted to 14,562,100 QKC, while notional turnover was approximately $62,835 (based on volume × average price).
Structure & Candlestick Patterns
The 5-minute chart showed a key bullish engulfing pattern forming near the $0.00423–0.00425 support zone during early ET hours, which coincided with a buying climax. A small doji emerged at $0.004274 in late ET time, hinting at indecision. The price later consolidated above a descending trendline drawn from recent highs near $0.004307 and $0.004294, which may serve as short-term resistance.
Moving Averages and Fibonacci Levels
On the 5-minute chart, the 20-period moving average (5-min) crossed above the 50-period moving average (5-min) late in the session, signaling a potential bullish crossover. Fibonacci retracements drawn from the $0.004223–0.004311 swing indicated a 61.8% level around $0.004277, which the price approached but failed to hold above.

Momentum and Volatility Indicators
MACD lines showed a bullish crossover at around $0.00426, aligning with increased volume and price strength. RSI remained within neutral to slightly overbought territory throughout the session, reaching a high of 58 and a low of 42, suggesting moderate momentum without extreme overbought or oversold conditions. Bollinger Bands showed a slight contraction during early ET time, followed by a breakout to the upside in mid-ET hours, confirming the continuation of the bullish trend.
Volume and Turnover Dynamics
The largest single 5-minute volume spike occurred at $0.004272 (time: 2025-12-09 14:00:00 ET), with 14,191,937 QKC traded. This coincided with a price rejection at the upper Bollinger Band and a pullback to $0.004272. Notional turnover closely followed the volume pattern, showing no significant divergence between the two, which strengthens the validity of the price action.
QuarkChain/Tether may test the $0.004277 Fibonacci level and the 61.8% retracement level in the next 24 hours. A break above $0.004278 could open the way toward $0.004305. Traders should remain cautious of potential pullbacks if the 50-period MA is breached, as this could trigger a retest of key support near $0.00423–0.00425.
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