Alpha Quark Token (AQTUSDT) price declined in its latest intraday trading after hitting resistance at the 50-period SMA, exposing it to negative pressure that intensified with the emergence of bearish signals from the relative strength indicators, after reaching extremely overbought levels. The price is now attempting to gather positive momentum to help overcome this pressure, within the context of a prevailing short-term uptrend and trading along a supporting trendline.
Therefore we expect the price to rise in upcoming intraday trading, provided it first breaks through the resistance level at 1.1960, aiming next for the resistance at 1.3117.
Todays price forecast: Bullish.