$QNT has started to rebound after a sharp correction and is now around $247.

Based on the daily Fibonacci levels and Supply & Demand, the $247–250 area is the nearest resistance to overcome. If price breaks above it and holds, the recovery momentum could continue.

But if it fails to break through resistance and loses support at $234, the risk of a retracement remains.

You don’t need to predict the market—just wait for confirmation and stay disciplined.