$QKC /USDT BEARISH ANALYSIS ๐Ÿ”ป

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?

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