Market Overview for Quickswap/Tether (QUICKUSDT)

Generated by AI AgentTradeCipherReviewed byAInvest News Editorial Team
Tuesday, Dec 9, 2025 7:56 pm ET1min read
USDT
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Aime RobotAime Summary

- QUICKUSDT formed a bullish engulfing pattern at 0.01201 after a 24-hour decline, followed by a late-day rally to 0.01276 driven by 5x volume surge.

- RSI reached overbought levels (75) and Bollinger Bands widened, signaling heightened volatility and potential momentum exhaustion.

- Price tested 38.2% Fibonacci retracement at 0.01276, with 0.0129 as next target if support holds, but MACD divergence suggests near-term pullback risks.

- Late-session volume accounted for 70% of total turnover, confirming strong bullish participation despite overbought conditions and potential consolidation.

Summary
• Price formed a bullish engulfing pattern at 0.01201 after a 24-hour decline.
• Volatility expanded significantly in the final 4.5 hours, pushing price to a high of 0.01276.
• RSI showed overbought conditions by the end of the session, signaling potential near-term exhaustion.
• Bollinger Bands widened during the rally, indicating increased uncertainty and momentum.
• Turnover surged over 5x the early session levels, confirming strength in the late rally.

At 12:00 ET–1 on 2025-12-08, Quickswap/Tether (QUICKUSDT) opened at 0.01222 and closed at 0.01202 by 12:00 ET on 2025-12-09. The 24-hour range was 0.01201 to 0.01276, with total volume of 5,681,605 and turnover of 69,389. The pair experienced a late-day breakout driven by a sharp increase in volume and momentum.

Structure & Formations


QUICKUSDT spent most of the session consolidating near 0.0121, forming a tight range before breaking out in the afternoon. A key bullish engulfing pattern emerged at 0.01201, followed by a strong rally toward 0.01276. The price then traded near the upper Bollinger Band in the final hours, indicating rising volatility and a potential continuation of the upward move.

Moving Averages and Momentum


On the 5-minute chart, the 20-period and 50-period moving averages crossed to the upside in the final two hours, reinforcing the bullish bias. The 200-period MA held as a support level near 0.01203 earlier in the session. RSI reached overbought territory at 75, while MACD showed a strong positive divergence, suggesting momentum may be nearing a peak.

Volume and Turnover


Volume was relatively muted in the first 10 hours but spiked to over 1.3 million in the last 3.5 hours, coinciding with the breakout above 0.0125. Turnover mirrored this trend, with the final 4.5 hours accounting for nearly 70% of the total turnover. This confirms strong participation in the late rally.

Volatility and Fibonacci Levels


Bollinger Bands expanded significantly during the rally, suggesting a breakout was likely.
The 0.01276 high tested the 38.2% Fibonacci retracement level from the earlier decline. If this level holds, the 61.8% retracement at 0.0129 could be next in focus.

The market appears to be shifting toward a more bullish sentiment with strong late-day volume confirming the breakout. However, traders should be cautious as RSI is overbought and the MACD may signal a potential pullback in the near term. Keep an eye on the 0.01276 level for confirmation of sustained strength in the next 24 hours.