Is $QNT facing exhaustion after failing to hold above 203?

Trading at $192.19 down 3.37%, hourly volume sits at 1.20x the average while the last hourly candle closed slightly lower at $192.09.

A conditional bullish scenario requires reclaiming the upper range boundary near $203.86 on expanding volume. Conversely, failure to sustain current levels risks further downside toward the recent session low of $192.09.

Will a confirmed breakout above 203 invalidate this pullback, or does dropping below 192 signal deeper consolidation?

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