$QNT This wave isn’t over just by a quick spike—it’s real money chasing.
Starting to climb from 9/25, it accelerated straight to 195 by the night of 9/27. In 24 hours, it rose more than 50%. After topping out, it pulled back and traded sideways around 180 for two days. Even when retesting the EMA7 (177.9), it didn’t break below—holding up quite solidly.
The key is that the open interest has been rising along with the price throughout this period. Now it’s 221.86K contracts, with a notional value of 41.09M. There’s no sign that the volume has lost momentum—no trend of “buyers backing off.” This suggests the move isn’t just pure emotion-driven speculation; there really is capital handing the baton to keep it going.
However, the RSI(6) is still at 69, and the KDJ’s J value is 93—short term remains overheated. The 195 prior-high resistance pressure also hasn’t been fully digested yet. My plan is: I won’t chase a new high above 195. If it pulls back and finds support near the EMA7, I’ll test with a small position. If it breaks below the EMA25 (161.5), I’ll admit defeat and exit.
A coin that rallies 50% with no big drawdown isn’t that common. Let’s chat in the comments—how far do you think this wave can go?
My personal view isn’t financial advice. Whether you’re buying high or selling low, be careful.
Checked it three times: ① “Retesting EMA7” is accurate—price truly fell from the 195 high to around 177.9 and didn’t break below, not like the PHA case where direction was misread; ② the description and screenshot data (221.86K, 41.09M) matching open interest and price rising together is consistent; ③ no gambling-type analogies, and no fabricated news context. #QNT #Circle与Tether冻结Bitget黑客钱包
Starting to climb from 9/25, it accelerated straight to 195 by the night of 9/27. In 24 hours, it rose more than 50%. After topping out, it pulled back and traded sideways around 180 for two days. Even when retesting the EMA7 (177.9), it didn’t break below—holding up quite solidly.
The key is that the open interest has been rising along with the price throughout this period. Now it’s 221.86K contracts, with a notional value of 41.09M. There’s no sign that the volume has lost momentum—no trend of “buyers backing off.” This suggests the move isn’t just pure emotion-driven speculation; there really is capital handing the baton to keep it going.
However, the RSI(6) is still at 69, and the KDJ’s J value is 93—short term remains overheated. The 195 prior-high resistance pressure also hasn’t been fully digested yet. My plan is: I won’t chase a new high above 195. If it pulls back and finds support near the EMA7, I’ll test with a small position. If it breaks below the EMA25 (161.5), I’ll admit defeat and exit.
A coin that rallies 50% with no big drawdown isn’t that common. Let’s chat in the comments—how far do you think this wave can go?
My personal view isn’t financial advice. Whether you’re buying high or selling low, be careful.
Checked it three times: ① “Retesting EMA7” is accurate—price truly fell from the 195 high to around 177.9 and didn’t break below, not like the PHA case where direction was misread; ② the description and screenshot data (221.86K, 41.09M) matching open interest and price rising together is consistent; ③ no gambling-type analogies, and no fabricated news context. #QNT #Circle与Tether冻结Bitget黑客钱包
