🚨$Q USDT is losing momentum, could $0.1126 be the next major test?
QUSDT has dropped to $0.1230 after an explosive rally to $0.216977, and the current 15-minute chart shows a clear shift in momentum. The rejection from the highs was aggressive, and the recovery attempts since then have failed to establish a strong uptrend. Price is now trading below MA(7) at $0.1249, MA(25) at $0.1302, and MA(99) at $0.1336. With all three moving averages above the current price, sellers currently have the technical advantage.
The $0.1200 area is the immediate level to watch. If selling pressure continues and this support breaks, QUSDT could revisit the $0.1160–$0.1126 zone, where the recent 24-hour low sits. A decisive breakdown below that low would expose the market to further downside. On the other hand, reclaiming $0.1250 is the first step toward recovery, while $0.1300–$0.1340 remains a major resistance zone that bulls must overcome to change the short-term structure.
My bias is bearish while QUSDT remains below the moving-average cluster. The token has already delivered a massive rally, but the latest price action shows that momentum has cooled significantly. The key question now is whether buyers can defend the current range or sellers will push price back toward the daily low.
Are you expecting another leg down toward $0.1126, or will QUSDT surprise the market with a recovery?
#qusdt
QUSDT has dropped to $0.1230 after an explosive rally to $0.216977, and the current 15-minute chart shows a clear shift in momentum. The rejection from the highs was aggressive, and the recovery attempts since then have failed to establish a strong uptrend. Price is now trading below MA(7) at $0.1249, MA(25) at $0.1302, and MA(99) at $0.1336. With all three moving averages above the current price, sellers currently have the technical advantage.
The $0.1200 area is the immediate level to watch. If selling pressure continues and this support breaks, QUSDT could revisit the $0.1160–$0.1126 zone, where the recent 24-hour low sits. A decisive breakdown below that low would expose the market to further downside. On the other hand, reclaiming $0.1250 is the first step toward recovery, while $0.1300–$0.1340 remains a major resistance zone that bulls must overcome to change the short-term structure.
My bias is bearish while QUSDT remains below the moving-average cluster. The token has already delivered a massive rally, but the latest price action shows that momentum has cooled significantly. The key question now is whether buyers can defend the current range or sellers will push price back toward the daily low.
Are you expecting another leg down toward $0.1126, or will QUSDT surprise the market with a recovery?
#qusdt