$QNT QNT/USDT drops 27.62%. The most critical thing now isn’t chasing a direction, but whether the price can hold the key range.
Current price: 228.51 USDT
24h high: 315.7
24h low: 195.35
Trading volume: approx. 236,414,645 USDT
The current price is near the lower end of the 24-hour range. Volatility has already expanded significantly, and the risk of chasing or selling in panic is also rising.
My view: Only a breakout above the high with increased volume and holding it would indicate that momentum is still there; if it falls back inside the range, you need to guard against short-term sentiment cooling off. Rather than chasing a single candlestick, it’s better to wait for the price to give an answer at the key level.
Do you think QNT will bottom out around 195.35, or will it keep searching for lower support?
For market information only and does not constitute investment advice.
#QNT
Related contract:
Current price: 228.51 USDT
24h high: 315.7
24h low: 195.35
Trading volume: approx. 236,414,645 USDT
The current price is near the lower end of the 24-hour range. Volatility has already expanded significantly, and the risk of chasing or selling in panic is also rising.
My view: Only a breakout above the high with increased volume and holding it would indicate that momentum is still there; if it falls back inside the range, you need to guard against short-term sentiment cooling off. Rather than chasing a single candlestick, it’s better to wait for the price to give an answer at the key level.
Do you think QNT will bottom out around 195.35, or will it keep searching for lower support?
For market information only and does not constitute investment advice.
#QNT
Related contract:
