Q Coin(QUSDT) Recent trend reveals obvious signs of weakness. After encountering resistance at 0.018999, the price retreated to the 0.01715 range. What seems like consolidation is actually full of hidden traps.
Volume is the real story. Dropping from 1.7 billion directly to 592 thousand, this is a typical no-volume sideways movement — the bulls are out of steam. Technical indicators are also diverging: RSI surged to 70, and J value soared to 91. These two extreme values often indicate an impending reversal. Although the MACD histogram remains in positive territory, it is so weak that it’s almost invisible, suggesting the last bit of bullish momentum is about to run out.
The significance of the 0.01715 level is crucial. What does it mean if it cannot be broken? It indicates that the bulls are exhausted. In the current situation, the bearish outlook is clearer — this is a typical high-level distribution pattern. Waiting for a confirmation signal of a breakdown, the shorting opportunity is right in front of you.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
22 Likes
Reward
22
5
Repost
Share
Comment
0/400
GasGuzzler
· 01-11 06:46
The magnitude is dropping so sharply, are the bulls really about to say goodbye?
To be honest, the trading volume signals are a bit terrifying.
0.01715 can't hold, the bears should be stepping in now.
RSI has soared to 91, short sellers are waiting to smash the market here.
All technical indicators are screaming, this time it might be real.
Selling at high levels with this routine is all too familiar; after harvesting the leek, it's time to crash.
The bulls have no last breath left; the bearish logic feels more on point.
View OriginalReply0
DuckFluff
· 01-10 20:35
Trading volume jumped from 700 million to 5.92 million. This isn't just consolidation; it's clearly dehydration.
Breaking below 0.01715, it's really time to consider shorting. The bulls really have no strength left.
RSI soaring to 91 and singing the opposite tune—this is outrageous. The high-level distribution signal is very clear.
Wait for the breakdown confirmation. There should still be a shorting opportunity in this wave, but it depends on how the follow-up develops.
View OriginalReply0
BlockchainArchaeologist
· 01-09 00:53
Trading volume jumped from over 700 million to 5.92 million. This move is indeed a bit fake, the bulls are really exhausted.
QUSDT is increasingly resembling a dump scheme; if it can't break 0.01715, just wait and see the bears' show.
With RSI and J values so extreme, a reversal is coming. Be careful of getting trapped.
Honestly, trading with no volume is the least interesting. How can there be profit without participants?
I think the signals this time are quite clear. If it breaks, just go short.
All technical indicators are telling you to exit. What are you waiting for?
If it can't get past 0.01715, it will probably look even worse later.
View OriginalReply0
LuckyBearDrawer
· 01-09 00:51
The shrinkage is so severe, still want to rise? Dream on.
---
RSI soaring to 91 means it's time to run; I've seen this routine many times.
---
江郎才尽 is correct; this wave of QUSDT has already peaked.
---
Waiting for a breakdown; the bear market is the main course.
---
Fallen from 700 million to 5.92 million; that's the real signal.
---
If 0.01715 can't hold, it's time to clear the position.
---
MACD is already like this, still not cutting losses?
---
This high-level dump rhythm, inhumane funds should start selling off.
---
All technical indicators show death crosses; the bulls are really out of the game.
View OriginalReply0
MemeCoinSavant
· 01-09 00:44
tbh the volume collapse from 717m to 5.92m is absolutely unhinged... that's not consolidation that's just capitulation energy ngl
Q Coin(QUSDT) Recent trend reveals obvious signs of weakness. After encountering resistance at 0.018999, the price retreated to the 0.01715 range. What seems like consolidation is actually full of hidden traps.
Volume is the real story. Dropping from 1.7 billion directly to 592 thousand, this is a typical no-volume sideways movement — the bulls are out of steam. Technical indicators are also diverging: RSI surged to 70, and J value soared to 91. These two extreme values often indicate an impending reversal. Although the MACD histogram remains in positive territory, it is so weak that it’s almost invisible, suggesting the last bit of bullish momentum is about to run out.
The significance of the 0.01715 level is crucial. What does it mean if it cannot be broken? It indicates that the bulls are exhausted. In the current situation, the bearish outlook is clearer — this is a typical high-level distribution pattern. Waiting for a confirmation signal of a breakdown, the shorting opportunity is right in front of you.