#DanielNadem $QKC Long Trade Setup:
– Price is currently trading at $0.003924, showing a neutral to slightly bearish trend within a long-term falling channel.
– The $0.003868 – $0.003898 zone is the critical support level that must hold to maintain the current floor; a break below this could signal further decline toward $0.003819.
– A clean breakout above the $0.004062 resistance (recent 24h high) would be the first sign of a reversal, potentially clearing the path toward targets of $0.004183 and eventually $0.004392 later in 2026.
Risk Note:
– The 200-day moving average is currently sloping downward, which indicates a weak long-term trend, and the price is currently trading below this average, acting as overhead resistance.
– Liquidity remains a concern with relatively low turnover (approx. 3.9%), which can lead to high volatility during sudden market moves.