$QNT trending heats up, but downside pullback risk is also growing
Market consensus is bullish: +18.5% in 24H; what’s being overlooked is 1H -0.7% and 4H -2.8%, with the current price at 298.66.
Watch: support at 286.24; if it breaks upward and holds back above 309.11 on increased volume, the rebound structure would be more convincing.
Invalidation: if it falls below 286.24 or the rebound fails to reclaim 309.11, the bullish narrative is downgraded.
Market consensus is bullish: +18.5% in 24H; what’s being overlooked is 1H -0.7% and 4H -2.8%, with the current price at 298.66.
Watch: support at 286.24; if it breaks upward and holds back above 309.11 on increased volume, the rebound structure would be more convincing.
Invalidation: if it falls below 286.24 or the rebound fails to reclaim 309.11, the bullish narrative is downgraded.