$QNT: Technical Signals Turn Negative as $QNT Selling Pressure Rises
SHORT SETUP QNT
Entry: $232.500 - $236.000
Stop Loss: $245.000
Take Profit: $212.750 (2R)
Key Levels: Support $222.440 | Resistance $244.930
Technical Analysis for $QNT: QNT is trading below all EMA lines and under the lower Bollinger band, confirming bearish momentum. MACD histogram stays negative and orderbook shows a 12% sell imbalance. Watch the 244.9 resistance for entry; a break below 222.4 invalidates the trade. SHORT bias targets continuation toward support, with resistance as the invalidation level.
Market Context: BTC is in a bearish 4hour trend and down 2.9% on the day, while the overall market shows 87% red assets, indicating
SHORT $QNT
SHORT SETUP QNT
Entry: $232.500 - $236.000
Stop Loss: $245.000
Take Profit: $212.750 (2R)
Key Levels: Support $222.440 | Resistance $244.930
Technical Analysis for $QNT: QNT is trading below all EMA lines and under the lower Bollinger band, confirming bearish momentum. MACD histogram stays negative and orderbook shows a 12% sell imbalance. Watch the 244.9 resistance for entry; a break below 222.4 invalidates the trade. SHORT bias targets continuation toward support, with resistance as the invalidation level.
Market Context: BTC is in a bearish 4hour trend and down 2.9% on the day, while the overall market shows 87% red assets, indicating
SHORT $QNT