QNT is currently showing a neutral to slightly bullish recovery, but the broader trend has not turned bullish yet. $QNT
Price is above MA7 while still below MA25 and MA99, keeping the larger structure bearish.
RSI recovering from 32.79 to 47.26 shows selling pressure is easing, while the less-negative MACD histogram suggests downside momentum is weakening.
However, volume is only around 47% of the 7d average, so the move lacks strong breakout confirmation.
A volume backed break above 63.20 would be the first meaningful strength signal, with 63.56/ 64.02 becoming the key resistance zone. #Binance
On the downside, 60.84 and then the 59.18 SuperTrend level are the main areas to watch.
Price is above MA7 while still below MA25 and MA99, keeping the larger structure bearish.
RSI recovering from 32.79 to 47.26 shows selling pressure is easing, while the less-negative MACD histogram suggests downside momentum is weakening.
However, volume is only around 47% of the 7d average, so the move lacks strong breakout confirmation.
A volume backed break above 63.20 would be the first meaningful strength signal, with 63.56/ 64.02 becoming the key resistance zone. #Binance
On the downside, 60.84 and then the 59.18 SuperTrend level are the main areas to watch.
