A rally in QUSDT is possible again, but caution is warranted for now. The screenshots show a sharp sell-off after a strong surge on the 15-minute and 1-hour charts, followed by an attempt to recover.
📊 QUSDT technical analysis
Price in the screenshot
0.1333
USDT
24-hour high
0.216977
Significant pullback from the high
Note: These figures are from the screenshots you sent; the live price has not been checked.
Key price levels
🌋 Support 1 0.124–0.128 Zone where the recovery needs to hold
🌋Support 2 0.120–0.121 A breakdown below this level could deepen the weakness
💹Resistance 1 0.138–0.146 First significant hurdle for a rally
💹Resistance 2 0.155–0.160 Zone where strong selling could emerge
💹 Upside target | 0.170–0.175 | Only after strong confirmation
🚀 When would a rally be confirmed?
* If the price rises into the 0.138–0.146 zone on increased volume and holds there, the rally could continue.
* If it stays above 0.146, the 0.155–0.160 zone could be the next target.
* If it breaks below 0.124, there is a risk of falling to 0.120 or lower.
On the 15-minute chart, the price is above the MA(7) indicator, but the MA(25) is around 0.1459. This suggests a short-term recovery, although the trend has not yet fully strengthened. On the 1-hour chart, selling pressure is visible after the sharp surge.
My view: I wouldn’t rush to assume a rally is underway just yet. I’d first wait for the 0.138–0.146 zone to be reclaimed and for volume to increase.
One thing to clarify: Are you currently in a Long position on QUSDT, in a Short position, or have you not entered yet? That will help us assess the next step more accurately.
📊 QUSDT technical analysis
Price in the screenshot
0.1333
USDT
24-hour high
0.216977
Significant pullback from the high
Note: These figures are from the screenshots you sent; the live price has not been checked.
Key price levels
🌋 Support 1 0.124–0.128 Zone where the recovery needs to hold
🌋Support 2 0.120–0.121 A breakdown below this level could deepen the weakness
💹Resistance 1 0.138–0.146 First significant hurdle for a rally
💹Resistance 2 0.155–0.160 Zone where strong selling could emerge
💹 Upside target | 0.170–0.175 | Only after strong confirmation
🚀 When would a rally be confirmed?
* If the price rises into the 0.138–0.146 zone on increased volume and holds there, the rally could continue.
* If it stays above 0.146, the 0.155–0.160 zone could be the next target.
* If it breaks below 0.124, there is a risk of falling to 0.120 or lower.
On the 15-minute chart, the price is above the MA(7) indicator, but the MA(25) is around 0.1459. This suggests a short-term recovery, although the trend has not yet fully strengthened. On the 1-hour chart, selling pressure is visible after the sharp surge.
My view: I wouldn’t rush to assume a rally is underway just yet. I’d first wait for the 0.138–0.146 zone to be reclaimed and for volume to increase.
One thing to clarify: Are you currently in a Long position on QUSDT, in a Short position, or have you not entered yet? That will help us assess the next step more accurately.