QUICKUSDT Market Overview: 24-Hour Price Action and Momentum Shifts

• Quickswap/Tether (QUICKUSDT) traded in a range-bound pattern for most of the day, with a late surge pushing price toward intraday highs.
• Momentum picked up during the overnight hours, with volume increasing alongside higher highs.
• The RSI reached overbought territory in the afternoon, signaling possible short-term profit-taking.
• Bollinger Bands showed expansion overnight, suggesting rising volatility in tandem with price movement.
• Total volume spiked above average in the early morning, but turnover remained in line with trend.

Quickswap/Tether (QUICKUSDT) opened at $0.02081 on September 23, 2025, at 12:00 ET-1, and traded as high as $0.02128 before closing at $0.02103 on September 24, 12:00 ET. Total 24-hour volume was 7,314,020.0, while notional turnover amounted to $153.9k. The pair formed multiple bullish patterns, including a morning star and a piercing line, with key resistance at $0.02105 and support at $0.02076.

Structure & Formations

Price action showed a clear consolidation phase early in the session, with a breakout forming after 01:00 ET on September 24. The pair formed several bullish candlestick patterns including a morning star at $0.02072 and a piercing line at $0.02088. A notable 38.2% Fibonacci retracement level at $0.02092 was briefly breached, but buyers retook control before 04:00 ET. A doji appeared at $0.02078, suggesting indecision, but was quickly followed by a bullish engulfing pattern.

Moving Averages

The 15-minute chart saw the price cross above both the 20-period and 50-period moving averages by 02:00 ET, with the 50-period line showing a positive slope. Daily chart indicators revealed a similar bullish bias, with the 50-period and 100-period moving averages converging at $0.02085, suggesting a possible breakout point for near-term buyers.

MACD & RSI

The MACD crossed into positive territory around 03:00 ET, with a bullish divergence forming as price pulled back but MACD held its gains. RSI reached 68 by midday and peaked at 71 in the afternoon, indicating overbought conditions. However, sellers stepped in only briefly, and buyers pushed RSI back toward neutral levels by 06:00 ET.

Bollinger Bands

Bollinger Bands expanded overnight, with the upper band reaching $0.0211 during a brief spike in volatility. Price remained within the bands for most of the session, with the exception of a minor break above the upper band around 15:00 ET. The narrowing band seen in the morning suggested a potential consolidation before the breakout.

Volume & Turnover

Volume spiked sharply in the early morning hours, particularly between 04:00 ET and 06:00 ET, with a peak at 3.18 million tokens traded in the 07:00 ET 15-minute window. Notional turnover showed a more moderate increase, peaking at $20.6k during the 09:45 ET window. Price and turnover remained in line, suggesting strong conviction in the bullish move.

Fibonacci Retracements

Applying 38.2% and 61.8% Fibonacci levels to the 15-minute swing high of $0.02109 and low of $0.02083 identified key levels at $0.02098 and $0.02091. The price briefly tested the 38.2% level before buyers stepped in to push the pair higher. On the daily chart, the 61.8% retracement of a prior 24-hour move sits at $0.02112, a potential near-term target.

Backtest Hypothesis

Given the recent momentum and breakout patterns, a backtest strategy could be built around key Fibonacci and moving average crossovers. For example, entering long on a bullish crossover of the 20 and 50-period moving averages, with a stop-loss at the 38.2% Fibonacci level and a take-profit at the 61.8% level. This approach appears to align with the observed price behavior on the 15-minute chart and could be refined with tighter filters based on RSI levels and volume spikes.