Market Overview for Quickswap/Tether (QUICKUSDT) - 24-Hour Candlestick Summary

• Price traded in a narrow range before breaking out with bullish momentum in the early hours of 2025-09-18.
• Strong volume and price alignment in the 03:15–05:45 ET timeframe suggests a short-term bullish bias.
• RSI and MACD showed divergence in the late session, hinting at potential overbought conditions and profit-taking.
• Volatility expanded with Bollinger Band widening, while key support around 0.02327 and resistance at 0.02444 defined the 24-hour range.
• The 20-period EMA and Fibonacci 61.8% level at 0.02416 may act as near-term directional guides.

Quickswap/Tether (QUICKUSDT) opened at 0.02335 on 2025-09-17 at 12:00 ET and closed at 0.02423 on 2025-09-18 at 12:00 ET. The price traded between 0.02312 and 0.02446, with a closing price of 0.02423. Total volume over the 24-hour window was 18,624,151.0, and total turnover (amount in USDT) was 474,177.0.

Structure & Formations

QUICKUSDT displayed a well-defined consolidation pattern during the early part of the 24-hour period, with key support at 0.02327 and resistance at 0.02444. A bullish breakout occurred around 03:15 ET, marked by a large-volume candle that closed at 0.02444. Later in the session, a potential bearish reversal candle appeared at 06:15 ET, as the price retraced slightly. The session closed near the upper half of the Bollinger Band, indicating elevated volatility and a possible continuation of the bullish move.

Moving Averages

On the 15-minute chart, the 20-period EMA sat near 0.02415, crossing above the 50-period EMA, suggesting a short-term bullish bias. The 50-period daily EMA was at 0.02418, above the 100 and 200-period EMAs, indicating continued strength in the near-term trend. The price closed above the 20-period EMA, reinforcing the positive momentum seen in the final hours.

MACD & RSI

The MACD remained positive throughout most of the session, with a bullish crossover in the early hours and a bearish divergence forming in the last three hours. The RSI reached overbought territory near 72 before retreating, signaling potential profit-taking. These divergences suggest that while the price continued to move higher, underlying momentum may be weakening, especially as the session drew to a close.

Bollinger Bands

Volatility expanded significantly during the breakout period, with the Bollinger Band widening to 0.0013 (2.04% range at peak). The price remained near the upper band for most of the session, indicating bullish pressure. A contraction in volatility was observed in the last hour, which could precede a directional move or a consolidation phase.

Volume & Turnover

Volume surged during the 03:15–04:45 ET period, reaching 791,900.0 units, which coincided with the breakout and a strong rally. Turnover aligned well with the price action, with a peak of 23,293.0 in USDT at 03:15 ET. However, the final three hours showed a divergence between rising prices and declining volume, suggesting that the upward move may lack strong conviction.

Fibonacci Retracements

Key Fibonacci levels from the 0.02327–0.02444 swing showed 38.2% at 0.02372 and 61.8% at 0.02416, both of which acted as support and resistance levels. The price tested the 61.8% retracement and closed above it, suggesting that the next target could be the 78.6% level at 0.02432. If the price breaks this level, it could trigger a move toward the 0.02450 resistance.

Backtest Hypothesis

Applying a breakout strategy based on the 15-minute timeframe, a trade could be initiated at the first candle closing above 0.02444 with a stop-loss at 0.02425. The 0.02450 level could be used as a target for a short-term trade, with a trailing stop at 0.02435. This approach aligns with the observed Fibonacci and Bollinger Band behavior, using volume and price alignment as confirmation. A backtest of this strategy would need to include additional 15-minute data over a 30-day period to evaluate its consistency and risk-adjusted returns.