Quant is down 7% and sitting on a level it has to defend.
$QNT $178.25. Today's range: $176.27 low, $192.70 high. Price has slipped from $181 earlier and is now about $2 above the day's low.
Levels I am watching:
• Support: $176.27 — today's low
• Resistance: $184 — the recent hourly high
• Trigger: a move back above $184
• Invalidation: a drop under $176.27
QNT is usually one of the quieter large coins. A 7% red day on $12.4M volume is not quiet.
There is no shame in watching a level instead of chasing a candle. That is most of my trading, honestly.
Does $176 hold — or does QNT follow the market lower?
#QNT #Quant #Crypto
Not financial advice.