$QNT
Rising from about 60 to 373 in an explosive wave,
but the most important thing after that is that the price quickly lost 286–290.
This zone was the last point that held momentum after the peak, and it has now turned into a critical test.
Holding above 290 with a successful retest brings the road back toward 320 and then 373.
As for continued rejection below it, that makes 242 the most important defense zone.
Breaking 242 changes the picture and opens the way first toward 220, then 194.
$QNT
Rising from about 60 to 373 in an explosive wave,
but the most important thing after that is that the price quickly lost 286–290.
This zone was the last point that held momentum after the peak, and it has now turned into a critical test.
Holding above 290 with a successful retest brings the road back toward 320 and then 373.
As for continued rejection below it, that makes 242 the most important defense zone.
Breaking 242 changes the picture and opens the way first toward 220, then 194.
$QNT