$QNT is setting up another bullish trap

Short $QNT

Entry: 295 – 325
SL: 355

TP1: 265
TP2: 245
TP3: 225
TP4: 195

Why:
QNT has gone parabolic, rallying from the 100 area to a high of 374.50 in a very short period. Price is now extremely extended above the MA(7), while the latest candles show a sharp rejection from the 374.50 high. Volume has exploded alongside the move, and a pullback could follow if momentum starts cooling. If QNT breaks below 255, the downside could extend toward 235 → 215. A deeper correction could bring the 195 area into play.

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