Market Watch: $QKC /USDT Price at Key Resistance!🔥💯

The QKC/USDT pair is trading near $0.010271, testing a major resistance zone highlighted by the purple shaded region. This level has historically acted as a strong rejection point. Here’s a breakdown of the current scenario and next potential moves:

• Short Trade Entry: If the price shows rejection from this resistance, a short position can be initiated below $0.010200, with targets at $0.009800 and $0.009600. Maintain a stop loss above $0.010400 for risk management.

• Long Trade Entry: A confirmed breakout above $0.010400 with strong volume could propel the price toward $0.010800 and $0.011000. Place stop losses near $0.010100 to protect from false breakouts.

Market Outlook: The price action suggests a potential consolidation phase or a decisive move based on volume and market momentum. If bulls succeed in breaking the resistance, it could signal the start of a new uptrend. However, rejection may trigger a short-term pullback.

Advice: Monitor this level closely, as it defines the short-term trend. Both breakout traders and range traders can find opportunities with disciplined risk management.

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