Alpha Quark Token (AQTUSDT) price declined in its latest intraday trading, as negative pressure continues with the price trading below the 50-day simple moving average and under the control of the short-term sideways trend. The recent decline has the price preparing to break the key support level of 1.0588, especially with negative signals emerging from the RSI despite its movement into severely oversold areas.
Therefore, we expect the currency to decline in its upcoming intraday trading, especially if it breaks the mentioned support of 1.0588, targeting thereafter its first support level at 0.9937.
Todays price forecast: Bearish