๐Ÿ“Š $QNT | Technical Analysis
๐ŸŸก Current Trend: Strong bullish trend after rebounding from EMA7 support
๐Ÿ’ฐ Price: 188.56$
๐Ÿ“ˆ Potential Trade: LONG
๐ŸŽฏ Confirmed Entry Zone: 183.00 โ€“ 188.00$ (near EMA7 support)
๐Ÿ›‘ Stop Loss: 165.00$ (below the EMA25 level)
โœ… First Target: 195.00$ (previous high)
โœ… Second Target: 210.00$
โœ… Third Target: 225.00$
๐Ÿ“Œ The price is clearly trading above all moving averages: EMA7 (182.68$), EMA25 (165.64$), and EMA99 (122.30$), confirming the validity of the uptrend. The RSI at 71.45 indicates a very strong bullish momentum.
โš ๏ธ A close of the 1-hour candle below 165.00$ invalidates the LONG scenario and signals the start of a deeper correction.
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โš ๏ธ Not financial adviceโ€”capital management and strict adherence to the stop loss are very important.