Market Overview for QuarkChain/Tether (QKCUSDT)

Summary
• QKCUSDT traded in a tight range with a minor bullish bias on strong support at $0.00435–0.00436.
• Volume surged near the 24-hour high at $0.00446, indicating accumulation and potential breakout risk.
• RSI shows moderate momentum, while Bollinger Bands constrict, suggesting a possible breakout or consolidation shift.

QuarkChain/Tether (QKCUSDT) opened at $0.00439 on 2026-01-11 12:00 ET, reached a high of $0.00446, and closed at $0.004359 on 2026-01-12 12:00 ET. The pair traded between $0.00434 and $0.00446 over the 24-hour period. Total volume amounted to 12,036,026.0, while notional turnover stood at $53,637.39.

Structure & Formations

Key support emerged at $0.00435–0.00436 as the price tested this zone multiple times, failing to break lower. A bullish engulfing pattern formed around 04:00 ET, signaling a short-term reversal. Resistance levels at $0.00440–0.00441 have repeatedly capped upward momentum, creating a consolidation ceiling.

MACD & RSI

The MACD showed a positive divergence around $0.00436–0.00438, hinting at potential short-term buying pressure. RSI hovered around 50–55, indicating balanced momentum with no clear overbought or oversold signals. The indicator briefly approached overbought territory at $0.00446 but quickly reversed, suggesting a temporary rally rather than a sustainable trend.

Bollinger Bands

Bollinger Bands tightened between $0.00436 and $0.00443 as volatility contracted, signaling a potential breakout. Price action has hovered near the upper band since 01:00 ET, indicating a possible test of resistance. A sustained break above $0.00442 could prompt a move toward $0.00446.

Volume & Turnover

Volume spiked sharply around $0.00440–0.00446, particularly during the 00:15–00:45 ET window, confirming bullish activity. Notional turnover followed the same trend, validating price action. Divergence between volume and price occurred around $0.00436, where volume dipped despite price consolidating, raising questions about the strength of the support.

Fibonacci Retracements

Applying Fibonacci to the most recent swing from $0.00434 to $0.00446, the 61.8% level sits at $0.00440, which has acted as a recurring cap. The 38.2% level at $0.00438 has also been a frequent consolidation zone. Price may test the 78.6% retracement at $0.00445 in the near term.

Over the next 24 hours, QKCUSDT could see a breakout or a continuation of consolidation if the $0.00435–0.00436 support holds. Traders should watch for a decisive move beyond $0.00442 for bullish momentum, but be mindful of the risk of a pullback into the $0.00434–0.00436 range if volume does not confirm a breakout.