$QNT Bullish Breakout on the Radar?
$QNT has made an impressive move from $60 to above $300.
After such a strong rally, a longer correction and consolidation phase is completely normal.
The initial move took less than three days, so a few weeks of consolidation wouldn't be surprising.
Price reached a previous consolidation zone and found strong support, bouncing from $203 to $330.
Key Level to Watch: $200 support
If $200 holds, $QNT could prepare for another upward move, with $285 as a potential target.
Let's see if the bulls can maintain control.
$QNT has made an impressive move from $60 to above $300.
After such a strong rally, a longer correction and consolidation phase is completely normal.
The initial move took less than three days, so a few weeks of consolidation wouldn't be surprising.
Price reached a previous consolidation zone and found strong support, bouncing from $203 to $330.
Key Level to Watch: $200 support
If $200 holds, $QNT could prepare for another upward move, with $285 as a potential target.
Let's see if the bulls can maintain control.
