The current market trend for $QKC remains bearish, evidenced by a 1.791% price decline over the last 24 hours, with prices fluctuating between 0.007679 and 0.008104. The Bollinger Bands indicate the asset is trading near the lower band at 0.007659, reinforcing a weak sentiment. Key support at 0.007601 may be tested if the downward trend persists. Macroeconomic factors, such as ongoing inflation concerns and regulatory uncertainties, further exacerbate the downtrend. Bitcoin's influence appears neutral, suggesting QKC's movements are driven more by its fundamentals. Traders may consider a short-term approach given the volatility and weak trend. The unique takeaway is that QKC's support level is critical; a drop below could signal a more significant bearish shift, prompting increased caution from traders.
