Analytical update: QNT/USDT (Spot Trading)
$QNT is currently trading on the spot market at 257.74โ257.99, after rising and testing the intraday high at 261.00. The chart shows a notable upward move, with the price holding above the key moving averages MA7 (255.10), MA25 (254.06), and MA99 (253.47), while trading near the upper Bollinger Band (257.46).
๐ Price action assessment and possibilities:
๐ Chance of a correction: 45% (a retest of the broken support levels between 253.50โ255.10 before continuing upward).
๐ Chance of a rise: 55% (the uptrend continues and breaks above 261.00 if immediate support holds).
๐ก Entry zone and risk management (Spot Only):
๐ข Buying and entry zone: between 254.00โ257.50.
๐ Stop-loss (SL): A candle closes below 250.00.
๐ To enter a spot trade and follow the chart live:
Click the attached symbol $QNT below the post to trade now! ๐
#Binance #QNT #Quant #SpotTrading #CryptoAnalysis
$QNT is currently trading on the spot market at 257.74โ257.99, after rising and testing the intraday high at 261.00. The chart shows a notable upward move, with the price holding above the key moving averages MA7 (255.10), MA25 (254.06), and MA99 (253.47), while trading near the upper Bollinger Band (257.46).
๐ Price action assessment and possibilities:
๐ Chance of a correction: 45% (a retest of the broken support levels between 253.50โ255.10 before continuing upward).
๐ Chance of a rise: 55% (the uptrend continues and breaks above 261.00 if immediate support holds).
๐ก Entry zone and risk management (Spot Only):
๐ข Buying and entry zone: between 254.00โ257.50.
๐ Stop-loss (SL): A candle closes below 250.00.
๐ To enter a spot trade and follow the chart live:
Click the attached symbol $QNT below the post to trade now! ๐
#Binance #QNT #Quant #SpotTrading #CryptoAnalysis