To analyze the next potential move for QUICK/USDT based on this chart, here are a few observations:

  1. Current Price and Trend: The price has made a strong upward move, now trading at 0.06137 with an 8.43% increase. This indicates short-term bullish momentum.R

  2. esistance Levels: The recent high of 0.06954 is a significant resistance level. If momentum continues, price might retest this level.

  3. Minor resistance is near the previous support-turned-resistance zone around 0.06500.

    1. Support Levels:Immediate support can be seen near 0.05780 (recent low).

  4. A stronger support lies near 0.04650 (previous low on the chart).

    Moving Average:The red line, likely the 200-period moving average, is slightly below the price. A move above this MA shows potential continuation of bullish sentiment. However, maintaining above it is critical.

  5. RSI (Relative Strength Index):The RSI is currently around 71.09, which is in the overbought region. This signals caution as a pullback may occur if buyers lose momentum.

  6. Volume:

    Volume appears to be relatively strong during the recent upward move, suggesting buyers are active

Possible Next Moves:

Bullish Scenario:If price sustains above the moving average and breaks resistance at 0.065, it could head toward the next high at 0.06954.

  1. A breakout above 0.06954 could lead to further upside.

  2. Bearish Scenario:

    • If RSI overbought pressure leads to profit-taking, price might pull back toward 0.05780 or even 0.05000 for consolidation.

Key Levels to Watch:

  • Upside: 0.06500, 0.06954.

  • Downside: 0.05780, 0.05000.

In conclusion, the momentum is currently bullish, but RSI suggests caution. Watch for price action near resistance and volume to confirm the next move.

$QUICK