$QNT breaks through 300 then returns to around 295, continues grinding
Spot is roughly at 295
About +3.2% per day
The day high is still at 329
The low is at 274
Trading volume is about $170 million
The banking rail / Sibos narrative is still ongoing
The parabola first exhales a chunk of momentum
For this kind of pullback from a high level,
what’s worst is for you to chase on both sides
First, look at who can hold 290–300
If it can’t hold, just treat it as volatility
Algorithmic trading
#spot #QNT
Spot is roughly at 295
About +3.2% per day
The day high is still at 329
The low is at 274
Trading volume is about $170 million
The banking rail / Sibos narrative is still ongoing
The parabola first exhales a chunk of momentum
For this kind of pullback from a high level,
what’s worst is for you to chase on both sides
First, look at who can hold 290–300
If it can’t hold, just treat it as volatility
Algorithmic trading
#spot #QNT
