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

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Thursday, Jan 8, 2026 5:50 pm ET1min read
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Aime RobotAime Summary

- QUICKUSDT price fell below 0.0128 support, hitting 0.01245 as bearish momentum confirmed by lower lows and bearish engulfing patterns.

- RSI entered oversold territory (30) while volume surged during the 0.01287-0.01256 decline, validating downward pressure.

- A potential bullish reversal near 0.01258 could emerge if buyers re-enter, but 61.8% Fibonacci level at 0.01269 may face resistance.

- Short-term moving averages show bearish crossovers, with price clinging to Bollinger Bands' lower boundary amid heightened volatility.

Summary
• Price action shows bearish momentum, breaking below key support levels with a 1.271 low.
• RSI suggests oversold conditions, while volume surges confirm downward pressure.
• A potential bullish reversal could form near 0.01258 if buyers re-enter.

The 24-hour session for Quickswap/Tether (QUICKUSDT) opened at 0.01283 and closed at 0.01256 at 12:00 ET, with a high of 0.01294 and a low of 0.01245. Total volume was 10,509,668.0, and notional turnover was approximately 131,605.95 USDT.

Structure & Formations


Price action broke below a key support level around 0.0128, confirming a bearish trend. A series of lower lows and lower highs suggest continued selling pressure. A potential bullish reversal could form if buyers re-enter near 0.01258, a prior support level. A morning doji near 0.0126 and a bearish engulfing pattern in the 5-minute chart near 0.01287 reinforce the likelihood of further downside.

Moving Averages



Short-term moving averages (20/50) on the 5-minute chart show a bearish crossover, with the 50-line slicing through the 20-line below the current price. On a longer scale, the 50/100/200 daily lines are not available, but the short-term bias remains bearish.

MACD & RSI


The MACD histogram shows declining bearish momentum, while RSI has entered oversold territory (around 30) near the session low. This suggests a potential short-term pause or consolidation, but not necessarily a reversal.

Bollinger Bands


Volatility increased during the early hours of the session, expanding the Bollinger Bands. Price has remained near the lower band throughout, reinforcing the bearish trend and indicating heightened selling pressure.

Volume & Turnover

Volume spiked significantly during the drop from 0.01287 to 0.01256, confirming the strength of the bearish move. Turnover aligned with volume, showing no divergence.

Fibonacci Retracements


On a recent 5-minute swing from 0.01287 to 0.01256, the 61.8% retracement level is around 0.01269, where some resistance could develop. If buyers fail to hold here, the next support target appears near 0.01253.

In the next 24 hours, the market may consolidate near 0.01256–0.01260, with a potential for a test of the 0.01258 level. Traders should remain cautious of further downside risks but watch for a potential rebound if buyers defend this level.