Objective achieved, next move pending ✅#QNT
Post
cryptoalpha006
·
--
BearishShort setup $QNT
Entry : 280
TP : 260
SL : 291
Why short?
After a gain of more than 270% in 7 days, QNT formed a lower high and broke its short-term moving averages with declining volumes. The 280-290 zone has become resistance. The likelihood is that a bounce toward this zone will be sold, and then price will return to seek liquidity on support at 260.
Invalidated above 291. Very volatile asset, low leverage recommended.#QNT
Entry : 280
TP : 260
SL : 291
Why short?
After a gain of more than 270% in 7 days, QNT formed a lower high and broke its short-term moving averages with declining volumes. The 280-290 zone has become resistance. The likelihood is that a bounce toward this zone will be sold, and then price will return to seek liquidity on support at 260.
Invalidated above 291. Very volatile asset, low leverage recommended.#QNT
Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee. See T&Cs.