QuarkChain/Tether (QKCUSDT) Market Overview for 2025-09-25

• QKCUSDT opens at $0.006274 and closes at $0.006069, with a 24-hour low of $0.006023 and high of $0.006469.
• Price action shows a significant bearish reversal after reaching $0.006368 on 09:15 ET, followed by a 5.5% pullback.
• RSI entered oversold territory below 30 by midday, suggesting a potential short-term rebound.
• High volatility is confirmed by a wide Bollinger Band range and a $0.000444 intraday swing.
• Volume spikes at key turning points, with the largest turnover on the $0.006469 high and $0.006204 low.

The QuarkChain/Tether (QKCUSDT) pair opened at $0.006274 on 2025-09-24 12:00 ET and closed at $0.006069 on 2025-09-25 12:00 ET. The 24-hour high was $0.006469, and the low was $0.006023. Total traded volume was 66,157,733 QKC, with a notional turnover of approximately $412,720.

The price action over the past 24 hours shows a clear bearish shift after a sharp $0.000195 intraday rally to $0.006469 at 04:15 ET. A bearish engulfing pattern formed around this high, followed by a series of lower lows and lower highs. The 20-period and 50-period moving averages on the 15-minute chart have both crossed below price, reinforcing the downtrend. Key support levels are now forming at $0.006128 (61.8% Fib from the $0.006469 high) and $0.006023 (a recent floor-level breakout). Resistance is currently at $0.006190 (50% Fib retracement) and $0.006288 (prior consolidation area). The RSI has dropped below 30, suggesting a possible short-term bounce may be in the cards, but volume has remained subdued since the peak.

MACD has crossed into negative territory, confirming bearish momentum. The histogram shows a broadening bearish divergence from the 04:15 high to the 11:30 low. RSI has also diverged slightly from price, with the oscillator bottoming before price hit the $0.006023 level, a sign of potential stabilization. Bollinger Bands are currently wide open, with price sitting near the lower band, indicating heightened volatility and possible range-bound movement ahead. Volume has been uneven, with notable surges at turning points, suggesting active market participation at key levels.

The most recent candlestick patterns, particularly the bearish engulfing and the long lower wicks on the $0.006288-$0.006301 range, indicate sellers have taken control of short-term direction. However, as RSI approaches oversold levels and price approaches the 61.8% Fibonacci support, a bounce into the $0.006128–$0.006190 range may occur before the next leg down. Traders may watch for a rejection at $0.006023 or a retest of $0.006130 for potential short-term opportunities. The next 24 hours may see a consolidation phase, but the risk of further downside remains if $0.006050 is breached.

Backtest Hypothesis
A potential strategy for QKCUSDT could involve a short-bias trade based on RSI divergence and Bollinger Band position. Entering a short position on a close below the 50-period moving average and RSI above 50 could have been profitable, as seen in the 04:15–07:00 ET price drop. A stop-loss near the upper Bollinger Band or the 38.2% Fib retracement could have limited risk. A trailing stop or exit at the 50% Fib level may have captured much of the move. This approach could be tested over multiple cycles to validate its consistency in range-bound or bearish environments.