$QNT current price 252$
👉 The first support below is at 251—very close to the current price!
👉 The strong resistance zone above is 269‑270, stacked with a huge number of short positions waiting to be wiped out!
$ Currently, the market is in a pullback after an upswing and building energy; the RSI is returning to the neutral range.
There are two possible scenarios going forward:
✅ Hold the 252 support, rally with increased volume to 264, triggering a short squeeze that forces shorts to cover—then push straight to 270;
❌ Break below the 251 support, long positions cut losses in a rush, and price falls to 245.
During the consolidation phase, don’t chase trades blindly—wait for increased volume to confirm the direction!
Risk control comes first ❗
👉 The first support below is at 251—very close to the current price!
👉 The strong resistance zone above is 269‑270, stacked with a huge number of short positions waiting to be wiped out!
$ Currently, the market is in a pullback after an upswing and building energy; the RSI is returning to the neutral range.
There are two possible scenarios going forward:
✅ Hold the 252 support, rally with increased volume to 264, triggering a short squeeze that forces shorts to cover—then push straight to 270;
❌ Break below the 251 support, long positions cut losses in a rush, and price falls to 245.
During the consolidation phase, don’t chase trades blindly—wait for increased volume to confirm the direction!
Risk control comes first ❗
