$QNT QNT @ 245.36$ bullish +3.42% holds above support 238$ and RSI 58.32 and MACD Bullish testing 252$.. Is the breakout to 260$ starting? ๐
1. *Strong move up from the bottom:* The chart was stuck between 238$ and 240$ until 05-10 - then it broke out with consecutive green candles up to 252.10$
2. *CURRENT 245.36$:* Healthy correction after rejection at R2 252.00$ - but still above S1 242.00$ and S2 238.00$ = Support holding
3. *Above EMA20/50:* Price 245.36$ is above 243.18$ and 241.05$ = uptrend confirmed
4. *Buying volume:* Large green bars in the latest surge โ real buying volume
- *Entry:* current 245.36$ - above support$QNT
- *Stop loss:*
- SL1: 242.00$ S1
- SL2: 238.00$ S2 main support
- *Targets:*
- *TP1:* 248.50$ R1
- *TP2:* 252.00$ R2 high (+2.7%)
- *TP3:* 252.10$ 24-hour high โ Breakout โ 260$
- *TP4:* 260.00$
- *TP5:* 275.00$
RSI 58 still has room + MACD Bullish + above EMA20/50 = buy signal.
1. *Strong move up from the bottom:* The chart was stuck between 238$ and 240$ until 05-10 - then it broke out with consecutive green candles up to 252.10$
2. *CURRENT 245.36$:* Healthy correction after rejection at R2 252.00$ - but still above S1 242.00$ and S2 238.00$ = Support holding
3. *Above EMA20/50:* Price 245.36$ is above 243.18$ and 241.05$ = uptrend confirmed
4. *Buying volume:* Large green bars in the latest surge โ real buying volume
- *Entry:* current 245.36$ - above support$QNT
- *Stop loss:*
- SL1: 242.00$ S1
- SL2: 238.00$ S2 main support
- *Targets:*
- *TP1:* 248.50$ R1
- *TP2:* 252.00$ R2 high (+2.7%)
- *TP3:* 252.10$ 24-hour high โ Breakout โ 260$
- *TP4:* 260.00$
- *TP5:* 275.00$
RSI 58 still has room + MACD Bullish + above EMA20/50 = buy signal.
