๐ QNT/USDT โ Quick Educational Technical Analysis
The price is currently trading near $284โ$294, with extremely high volatility after a strong rally; today it recorded a peak near $306.
๐ข First support: $255โ260
๐ข Stronger support: $227โ243
๐ด First resistance: $300โ306
๐ด Next resistance: about $320โ330
Bullish scenario: holding above $300, then breaking $306 with strong trading volume could open the way to test the $320โ330 area.
Bearish scenario: a break below $255 could push the price to test $243, then $227.
โ ๏ธ Educational note: QNT has risen very sharply over the last few days, so the chance of a correction and high volatility is elevated; itโs not recommended to chase the price after strong bullish candles. $QNT $BTC $ZEC
The price is currently trading near $284โ$294, with extremely high volatility after a strong rally; today it recorded a peak near $306.
๐ข First support: $255โ260
๐ข Stronger support: $227โ243
๐ด First resistance: $300โ306
๐ด Next resistance: about $320โ330
Bullish scenario: holding above $300, then breaking $306 with strong trading volume could open the way to test the $320โ330 area.
Bearish scenario: a break below $255 could push the price to test $243, then $227.
โ ๏ธ Educational note: QNT has risen very sharply over the last few days, so the chance of a correction and high volatility is elevated; itโs not recommended to chase the price after strong bullish candles. $QNT $BTC $ZEC
