$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.
#QKCUSDT #FOMCMeeting #EthereumTurns10 #BinanceHODLerTree #Write2Earn