$QNT
Current structure: QNT remains in a very strong short-term uptrend, but volatility is extreme. It moved from around $70 to above $350 intraday within days before pulling back.
Key levels:
🟢 Support: $200–220
🟢 Major support: $150–160
🔴 Resistance: $285–320
🔴 Breakout zone: $350–360
Trading view: Momentum is bullish, but chasing after such a rapid move carries significant pullback risk. A sustained hold above $220–230 would keep the short-term structure constructive; losing $200 could open a deeper correction toward $160.
Potential setup: For a long trade, waiting for a pullback/retest around $210–225 offers a more controlled entry than buying into a vertical candle. Stop-loss could be considered below $195, with $285 / $320 / $350 as reference targets.
Current structure: QNT remains in a very strong short-term uptrend, but volatility is extreme. It moved from around $70 to above $350 intraday within days before pulling back.
Key levels:
🟢 Support: $200–220
🟢 Major support: $150–160
🔴 Resistance: $285–320
🔴 Breakout zone: $350–360
Trading view: Momentum is bullish, but chasing after such a rapid move carries significant pullback risk. A sustained hold above $220–230 would keep the short-term structure constructive; losing $200 could open a deeper correction toward $160.
Potential setup: For a long trade, waiting for a pullback/retest around $210–225 offers a more controlled entry than buying into a vertical candle. Stop-loss could be considered below $195, with $285 / $320 / $350 as reference targets.