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Thomaaas
The 15-minute chart for xQQQ/USDT demonstrates a short-term bearish continuation structure trading at $XQQQ $685.95 (+1.10%), holding above local floor support at $684.30 following a sharp downward retracement from peak resistance at $XQQQ $689.00.
Price action is testing dynamic moving average resistance with MA5 at $XQQQ $686.74, MA10 at $687.41, and baseline MA20 at $687.59, accompanied by negative MACD momentum at -0.81.
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