#QNT 🚨 $QNT — RETRACEMENT OR BEARISH CONTINUATION?
$QNT/USDT | Price: ~$247
Narrative: after rising from $55.36 to $374.50, the market entered a broad correction. On H1, price reacted from $244.11 and recovered, but this does not yet confirm an HTF reversal.
🔴 MAIN SCENARIO — bearish continuation POI: $250.70–$253.30 — observation zone. Confirmation: Sweep BSL → bearish MSS → Displacement → FVG/IFVG Retest. Invalidation: an H1 close above $253.30 would weaken the near-term bearish scenario. Areas of interest: $244.11 → $239.85 → $229.00.
🟢 ALTERNATIVE — bullish recovery POI: $242.80–$244.20. Confirmation: Sweep SSL → bullish MSS → Displacement → FVG/IFVG Retest. Invalidation: holding below $239.85 would weaken the recovery; a break below $234.07 would increase selling pressure. Areas to watch: $250.70 → $256.48 → $269.93.
HTF levels: $374.50 BSL; $220.62 — an important historical low in the visible range.
Important: POI ≠ Entry. If the full M5 Trigger does not form — WAIT. Don’t chase price after an impulse.
#QNT #CryptoAnalysis #MarketStructure
