$QNT
๐จ Technical analysis: Has the correction ended?
After the strong rise from $56.30 to $369.73, QNT entered a correction and reached $241 before bouncing back again toward $260.
๐ On the daily timeframe:
Price is trying to hold above $250, which is a key pivot area after the bullish wave. More importantly, price is still above the $233โ$236 zone, so the larger bullish structure has not changed yet.
A break above $263โ$265 and holding above it supports the continuation of the rebound. Then $270โ$273 comes as the next resistance, followed by $302โ$309. If momentum continues, the later target becomes the $368โ$370 top.
๐ On the 15-minute timeframe:
The bounce from $241 brought buyers back into the market, but price is currently facing the $263 area. Breaking above it and holding there supports further upside, while failure at that level may lead to a retest of $250โ$255.
๐ด Bearish scenario:
A break below $250 and then below $241 โ a return to $233โ$236. Breaking that zone could push price toward $217โ$213, then $198โ$200.
โ ๏ธ Not financial advice or a call to buy or sellโjust educational technical analysis.
#QNT #QNTUSDT #Binance #ุชุญููู_ููู
๐จ Technical analysis: Has the correction ended?
After the strong rise from $56.30 to $369.73, QNT entered a correction and reached $241 before bouncing back again toward $260.
๐ On the daily timeframe:
Price is trying to hold above $250, which is a key pivot area after the bullish wave. More importantly, price is still above the $233โ$236 zone, so the larger bullish structure has not changed yet.
A break above $263โ$265 and holding above it supports the continuation of the rebound. Then $270โ$273 comes as the next resistance, followed by $302โ$309. If momentum continues, the later target becomes the $368โ$370 top.
๐ On the 15-minute timeframe:
The bounce from $241 brought buyers back into the market, but price is currently facing the $263 area. Breaking above it and holding there supports further upside, while failure at that level may lead to a retest of $250โ$255.
๐ด Bearish scenario:
A break below $250 and then below $241 โ a return to $233โ$236. Breaking that zone could push price toward $217โ$213, then $198โ$200.
โ ๏ธ Not financial advice or a call to buy or sellโjust educational technical analysis.
#QNT #QNTUSDT #Binance #ุชุญููู_ููู
