$QNT short

EMA20 price 247.86 is pinned below (252.07); this is the lifeline of the short-term trend. Failing to bounce back means the bears haven’t surrendered yet—this is a typical pullback confirmation pattern.

Funding rate is currently -0.1123%, with the shorts paying. When the funding rate turns negative, it shows the bears are determined to push the decline; under this mindset, the downtrend usually doesn’t stop all at once.

KDJ dead cross is moving downward, 24/40/-10—the shorts haven’t finished exiting yet. The candlesticks are running steadily below the D line; the J value at -10 is right where there’s still room to drop further.

Entry: 246.87–252.96
Take Profit 1: 241.17
Take Profit 2: 237.42
Stop Loss: 253.66

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