$QNT just exploded 3.7% in 15 minutes on 2.9x volume — and the bigger structure is still pointing higher.
My bias remains bullish: the 1H, Daily, and Weekly structures are all bullish, price is holding above EMA20 and EMA200, and BTC is fully aligned with the move.
The momentum is backed by strong flow data:
- OI: $42.9M, up 9.3% in 24H
- Funding: -0.0307%
- Taker flow: 1.07x
- Long/short positioning remains elevated
This combination suggests aggressive participation and possible spot demand, with short liquidations potentially adding fuel to the breakout.
But after a move this sharp, I would not chase the pump.
Key pullback zone: 253.5–242.5
This area combines former resistance-turned-demand with an FVG zone. A controlled retracement into this region could offer a much cleaner long setup.
Confirmation I want:
A bullish reaction on M5–M15, such as a bullish engulfing candle, pin bar, or a clear market-structure shift after a liquidity sweep below 253.5.
Upside levels:
TP1: 282.5 FVG
TP2: 307 major supply / previous range high
TP3: 329
Extended: 358
If QNT loses 242.5 without a strong reaction, I would wait for a deeper retest toward 224.6, the key structural higher low.
A confirmed 1H close below 224.6 would invalidate the bullish thesis and signal a potential bearish structure shift.
The trend remains bullish while 224.6 holds — but patience matters more after an explosive pump.
Not investment advice. Educational report only....
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