Derivative volatility and price pulse, currently $QNT

The biggest risk right now is that the open contract is down -3.92%, along with a low long/short ratio, which can easily create sudden, counter-direction volatility. The open contract $QNT is down -3.92% while the long/short ratio records 0.8182.

The market is recording a price of $QNT at 268.36, with a daily increase range of 16.60%. The one-hour relative strength index reaches 58.1, indicating the consolidation phase is still relatively stable. Trading volume on the one-hour timeframe at 0.52x shows that capital inflow has not truly surged strongly.

If the price breaks above resistance 272.48 and volume picks up again, $QNT may continue toward higher price zones. In case selling pressure appears and breaks support at 261.99, the price could pull back to lower support areas to find balance.

#Crypto #QNT