Alpha Quark Token (AQTUSDT) settled higher in its latest intraday trading, supported by positive signals from the relative strength indicators as the price attempted to recover part of its previous losses. However, this rise brought it to test resistance at the 50-day SMA, exposing it to renewed negative pressure, which is further reinforced as the relative strength indicators reach extremely overbought levels compared to the price movement.
Therefore, we expect the cryptocurrency to decline in its upcoming intraday trading as long as the resistance level of $0.8190 holds, targeting the key support level of $0.7344.
Todays price forecast: Bearish.