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Summary
• Price tested key resistance at 0.01056, but failed to break through, closing at 0.01046.
• Volatility expanded during overnight hours, with volume surging to 257,320.
• RSI and MACD showed weakening momentum after a sharp morning rally.
• Bollinger Bands widened after 03:00 ET, suggesting increased uncertainty.
• A bullish engulfing pattern formed at 00:45–01:00 ET, but was later rejected.
QUICKUSDT opened at 0.01054 (12:00 ET − 1), reached a high of 0.01075, and a low of 0.0103, closing at 0.01046 (12:00 ET) after 24 hours of trading. The pair recorded a total volume of 6,856,643 and a notional turnover of 71,891.3 USDT.
The 24-hour candlestick pattern formed a wide-ranging rectangle, with price action bouncing between key levels. A morning rally from 00:00–02:30 ET pushed price above 0.0106, but bearish pressure returned by 03:00 ET as volume picked up. By 12:00 ET, price had retraced nearly 38.2% of the overnight rally, ending the day near the 0.01046 level.

Structure and Key Levels
Price found multiple rejections near 0.01056 and 0.01058, forming potential short-term resistance. A bullish engulfing pattern between 00:45–01:00 ET briefly suggested a reversal, but the failure to hold above 0.01056 signaled limited conviction. Support levels at 0.01042–0.01045 showed strong buying interest, with several bullish rebounds occurring during the afternoon.
Momentum and Sentiment
The RSI fluctuated between overbought and oversold levels, peaking near 70 at 01:45 ET before dropping to 30 by 07:00 ET. This divergence suggested mixed sentiment. MACD crossed into negative territory after 04:30 ET, reinforcing bearish pressure.
Volatility and Bollinger Bands
Volatility expanded sharply during the overnight hours, with Bollinger Bands widening as price fluctuated between 0.0104 and 0.01075. By 12:00 ET, price sat near the lower band, indicating a potential short-term oversold condition.
Volume and Turnover
Volume surged overnight, reaching a 24-hour high of 393,320 at 02:45 ET. Notional turnover mirrored volume, with the largest spike at 02:30–02:45 ET. However, the lack of sustained follow-through volume above 0.01056 suggests limited institutional participation.
Fibonacci and Retracement Levels
The overnight high of 0.01075 and low of 0.0103 defined a key Fibonacci range. Price closed near the 38.2% retracement level, suggesting the potential for a continuation of the range-bound action or a breakout attempt in the coming 24 hours.
In the next 24 hours, QUICKUSDT may test the 0.01056–0.01058 resistance zone once more. A sustained break above 0.0106 could indicate a shift in sentiment, but a failure to hold would likely reaffirm the bearish trend. Investors should monitor volume and momentum indicators for confirmation of a breakout or breakdown.
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