$QNT Keeps Sliding From the Highs Counter-Trend Bounce Play Only

Pair: $QNT /USDT

Direction: LONG
Leverage: 3x

Entry Zone: 227.50 – 230.00

Take Profit:
- TP1: 255.58 +36%
- TP2: 273.52 +58%
- TP3: 300.44 +92%

Stop Loss: 192.79

Chart Structure:
- QNT has been in a steady decline from the ~320 high, breaking below MA7, MA25, and now sitting below the declining MA99 (purple) a clean downtrend with no signs of basing yet

- RSI 14 has been sliding from the 60s down into the 40s and is still falling, with no bullish divergence to suggest a bottom is forming

- MACD is deeply negative with the histogram still expanding to the downside momentum remains firmly bearish, meaning this long is a bet on exhaustion, not a confirmed reversal

- ⚠️ This setup fights the dominant trend directly. Volume on the sell-off has stayed elevated, showing active selling rather than fading pressure

- Stop distance is unusually wide given the asset's extreme volatility, so leverage is capped at 3x and position size should stay conservative regardless of confidence

$QNT