$QUICK /USDT – BEARISH BREAKDOWN LOOMING
The recent price action in $QUICK/USDT signals bearish pressure building up as bulls struggle to hold key support levels. With the current price hovering at $0.02158 (-4.09%), we may see further downside if support fails. Let's break it down
KEY LEVELS TO WATCH:
Resistance:
$0.02256 – Daily high
$0.02320 – Previous swing rejection zone
Support:
$0.02134 – Immediate support zone (currently being tested)
$0.01960 – 24h low and critical breakdown level
TRADE SETUP: SHORT POSITION IDEA
Entry: $0.02140 – Confirmed break below minor support
Stop Loss (SL): $0.02210 – Above failed breakout zone
Targets (TP):
TP1: $0.02020
TP2: $0.01960 (Major support zone)
Watch for volume confirmation and bearish candlestick structure on the 15m–1H timeframes before entering.
RISK MANAGEMENT:
Never risk more than 1-2% of your capital per trade. Use tight stop losses and adjust position size according to volatility.
Trend is your friend — trade safe! #MemecoinSentiment #ETHBreaks3k #USCryptoWeek #ArbitrageTradingStrategy #Write2Earn $QUICK