Market Overview for Quickswap/Tether (QUICKUSDT) as of 2025-09-25

• Price declined from 0.02131 to 0.02041, a 4.2% drop on 24-hour volume of ~11.7M.
• Key support levels identified at 0.0204–0.0206; resistance at 0.0210–0.0213.
• MACD turned negative and RSI underbought at 25, hinting potential bounce.
• Bollinger Bands show price near the lower band, indicating low volatility.
• Volume spiked during the overnight decline, with no clear reversal patterns yet.

The price of Quickswap/Tether (QUICKUSDT) opened at 0.02114 on 2025-09-24 at 12:00 ET and closed at 0.02041 as of 12:00 ET on 2025-09-25. The 24-hour range was 0.02131 to 0.02001, with a total traded volume of approximately 11.7 million tokens and a notional turnover of around $239,500. The market has shown a consistent bearish bias, especially after 21:00 ET on the 24th, as liquidity dried up and price drifted lower.

Structure & Formations

Price action shows a clear breakdown from 0.0211 to 0.0204, with key support zones forming at 0.0204–0.0206 and resistance at 0.0210–0.0213. A long lower shadow appeared around 0.02115–0.02117 during the morning, but it failed to hold. The evening session featured a bearish engulfing pattern as price closed below 0.02104 after a consolidation period. No significant doji or reversal patterns emerged, indicating continued bearish momentum for now.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages both remain above the current price, reinforcing the short-term bearish bias. The 200-period daily MA is near 0.02115, making it a critical level for near-term resistance. If price fails to reclaim this level, the downtrend could extend further.

MACD & RSI

The MACD turned negative in the late afternoon and crossed below the signal line, confirming bearish momentum. The RSI is at 25, entering oversold territory, which may hint at a potential bounce, but without a clear reversal pattern or volume confirmation, the likelihood of a sustained rebound remains low. Investors should watch for divergence between price and RSI to identify potential turning points.

Bollinger Bands

Price has remained near the lower Bollinger Band for most of the session, suggesting low volatility and a possible mean reversion opportunity. The band width has been relatively narrow, indicating a consolidation phase before a potential breakout or breakdown. A move above the middle band would signal a reversal, while a further break below the lower band may accelerate the decline.

Volume & Turnover

Volume spiked during the overnight session as price dropped below 0.0210, with the 0.02076–0.02057 range seeing some of the heaviest trading. However, the decline in the last 48 hours has not been accompanied by a significant increase in turnover, suggesting a potential lack of conviction among sellers. A divergence between price and volume could hint at a reversal, but this has not materialized yet.

Fibonacci Retracements

On the 15-minute chart, price is currently sitting near the 61.8% Fibonacci retracement level of the recent bullish swing from 0.02001 to 0.02076. A break below 0.0204 could take the next support to 0.02035–0.02027, with a potential 38.2% retracement level at 0.02056 offering a possible bounce zone for the next few hours.

Backtest Hypothesis

Applying a mean-reversion strategy based on Bollinger Band and RSI signals, a buy entry could be considered when price closes above the middle band with RSI above 40, indicating a potential bounce. A stop-loss could be placed below the 0.02035 support level, and a target at 0.02055–0.0206. This approach would be suitable for low-volatility environments and could be backtested over multiple 15-minute intervals for consistency. Given the recent consolidation near the lower band and the oversold RSI, a short-term reversal trade could offer favorable risk-reward.