$QKC /USDT BEARISH ANALYSIS ๐ป
Currently, $QKC/USDT is trading at 0.006703, down -0.36%, with clear selling pressure pushing price towards its daily low.
Key Levels
Resistance 1: 0.006820 (minor resistance)
Resistance 2: 0.006914 (24h High)
Support 1: 0.006695 (24h Low โ being tested)
Support 2: 0.006600 (next strong demand zone)
Market Outlook
The chart shows a consistent downtrend with lower highs and lower lows. Price is now hovering just above its 24h low (0.006695). If this level breaks, further downside toward 0.00660 is likely. Bulls need to defend 0.00670 to avoid deeper correction.
Trade Setup
Short Entry: 0.00672 โ 0.00674 (near resistance after small bounce)
Take Profit (TP):
TP1: 0.00670
TP2: 0.00665
TP3: 0.00660
Stop Loss (SL): 0.00683 (above minor resistance)
Risk Management
Use strict stop-loss, as price is near critical support.
Risk only 1-2% of capital per trade.
If price reclaims 0.00682+, bearish setup is invalidated.
$QKC is under pressure โ a breakdown below 0.006695 could open the way for another leg down.
Do you want me to also outline a bullish reversal scenario in case buyers defend 0.00670 strongly?
#TrumpFamilyCrypto #SaylorBTCPurchase #GoldPriceRecordHigh #USNonFarmPayrollReport #GoldPriceRecordHigh $QKC