$QKC

– EUPHORIC SPIKE MEETS SHARP REJECTION, BEARISH FADE LIKELY

WICKED OUT AT $0.01200

LOWER HIGH FORMING BELOW $0.01050

After a parabolic rally from $0.00700 to $0.01200, $QKC faced immediate rejection, forming a long upper wick and strong bearish candles. The current structure is showing a lower high formation and fading momentum, suggesting short-term downside continuation unless bulls reclaim $0.01020 with conviction.

Short Trade Setup:

• Entry: $0.00980 – $0.01020

• Stop Loss: $0.01060

• Target 1: $0.00895

• Target 2: $0.00820

• Target 3: $0.00740

Failure to reclaim $0.01000 zone could accelerate selloff. Watch for volume drop and bearish engulfing for confirmation.

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