$QKC / USDT Showing Strong Recovery ā Potential for Further Upside! š
QuarkChain ($QKC ) is currently trading at $0.006394, experiencing a slight pullback of -1.02% on the 4-hour chart, but still up a significant +6.64% for the day and identified as a Gainer.
š Key Observations:
Current Price: $0.006394
Strong Bounce: Notice the sharp bounce from the 24-hour low of $0.005975, indicating strong buying interest at lower levels.
Testing Resistance: The price is currently testing the resistance level around $0.006400. A break above this could signal further bullish momentum.
Increased Volume: The 24-hour volume of QKC is notably high at 315.30M, supporting the recent price action.
šÆ Potential Bullish Scenario:
A sustained break above $0.006400 could lead to a move towards the recent high of $0.007097 and potentially higher targets.
Increased buying volume on the break would provide further confirmation.
š”ļø Key Support Level:
The $0.006200 - $0.006250 area could act as potential short-term support. Holding above this level would be encouraging for the Bulls.
š§ What to Watch For:
Breakout Confirmation: Monitor for strong buying volume and sustained trading above $0.006400.
Retracement Levels: If a pullback occurs, watch if the price holds above the $0.006200 - $0.006250 support zone.
$QKC is showing strong signs of recovery and potential for further upside after a significant bounce. Keep a close eye on the $0.006400 resistance level for a possible breakout!
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