Market Overview: Quickswap/Tether (QUICKUSDT) 24-Hour Analysis

• QUICKUSDT rose from 0.02347 to 0.02443 in 24 hours, closing at a near-high.
• Volume surged past 10 million, with notable accumulation in the 0.0235–0.0242 range.
• Momentum picked up after 12:00 ET as RSI moved into overbought territory.
• Price broke above a key 15-min resistance level around 0.0240 and tested 0.0244.
• Volatility expanded after 06:00 ET, with Bollinger Bands widening significantly.

Quickswap/Tether (QUICKUSDT) opened at 0.02347 at 12:00 ET on October 9, 2025, and closed at 0.02443 at 12:00 ET on October 10. The 24-hour high was 0.02454, while the low was 0.02315. Total trading volume over the period reached 13.64 million, with a notional turnover of approximately $3.36 million, reflecting strong liquidity and interest in the pair.

Structure & Formations

QUICKUSDT exhibited a strong bullish bias over the 24-hour period, with key resistance levels emerging and being decisively broken. A strong bullish reversal candle appeared around 18:30 ET, where the price closed at 0.02356 after opening at 0.02354 and reaching a high of 0.02364. This candle confirmed a breakout from a consolidation phase. A notable bearish reversal candle occurred at 15:45 ET (0.02369 open, 0.02369 close), which marked a failed attempt to rally further, but the subsequent move suggested renewed buying pressure. A bullish engulfing pattern was observed at 08:30 ET, where the price surged from 0.02405 to 0.02411, reinforcing the uptrend. Key support levels were identified at 0.0235 (tested multiple times) and 0.02315 (tested at 15:45 ET). Resistance levels were evident at 0.02425 and 0.02445, both of which the price approached and reacted to.

Moving Averages

On the 15-minute chart, the 20-period moving average (MA) closely tracked the price, indicating a fast-moving trend. The 50-period MA lagged behind, suggesting that the price was above the longer-term average and possibly in an uptrend. On the daily chart, the 50-period MA remained just below the 100-period MA, with the 200-period MA acting as a significant support line at around 0.0233. The price closed above the 50-period MA, confirming a bullish bias. The convergence of short-term and medium-term MAs further reinforced the strength of the current bullish momentum.

MACD & RSI

The MACD histogram showed positive divergence from the 12:00 ET period onward, with the MACD line crossing above the signal line and showing increasing positive momentum. The RSI moved into overbought territory (above 70) from around 14:00 ET, indicating strong short-term buying pressure. However, this overbought condition was not immediately reversed, suggesting a continuation of the trend may still be in play. A potential overbought divergence appeared around 16:00 ET, with the price reaching 0.02338 while the RSI failed to rise further, which could signal an impending pullback. Investors may monitor RSI re-entry below 60 for a sign of short-term fatigue.

Bollinger Bands

Bollinger Bands demonstrated significant volatility expansion after 06:00 ET, with the upper band reaching 0.02454 and the lower band dropping to 0.0232. The price hovered near the upper band for much of the session, indicating high volatility and strong bullish momentum. A contraction occurred briefly between 15:45 ET and 16:00 ET, coinciding with the price hitting a low at 0.02338. This contraction may signal a potential reversal or consolidation phase ahead. The current positioning of the price near the upper band suggests that traders may expect further upward movement unless a significant bearish catalyst emerges.

Volume & Turnover

Volume surged in the early morning hours (03:00–05:00 ET), with a peak of 653,252 at 04:15 ET. This coincided with the price moving from 0.02422 to 0.02432, indicating strong accumulation. The total volume for the 24-hour period was 13.64 million, with the majority of the volume occurring during the bullish phase. Turnover also increased, with a peak of $1.69 million at 04:15 ET. The alignment of volume and price movement suggests that the uptrend has strong conviction and is not driven by speculative or manipulative activity. Divergence between volume and price was minimal, with both metrics reinforcing the bullish narrative.

Fibonacci Retracements

Key Fibonacci levels were observed following the recent swing from 0.02315 to 0.02454. The 61.8% retracement level at approximately 0.02393 was tested and held as a support level. The price then surged past the 78.6% level at 0.02414 before reaching the 100% level at 0.02454. On the 15-minute chart, the price tested the 50% level (0.02381) before rebounding again. This suggests that the current rally has strong technical backing and that traders may look to the 127.2% extension level as a potential next target. The Fibonacci levels also provided key support and resistance areas, reinforcing the importance of these levels in the short-term trend.

Backtest Hypothesis

A potential backtesting strategy could involve a mean reversion approach based on the Bollinger Bands and RSI. When the price reaches the upper Bollinger Band and the RSI enters overbought territory (above 70), a sell signal is generated. Conversely, when the price touches the lower Bollinger Band and RSI drops below 30, a buy signal is triggered. This strategy aligns with the observed volatility expansion and the overbought condition of the RSI during the session. Traders could use the 15-minute chart for faster trades and the daily chart for trend confirmation. Given the strong volume and bullish momentum observed, this strategy would benefit from tight stop-loss levels and a focus on risk management.