$QNT or $SOL for the next leg? Only one.
QNT just got smoked to $204.13, down 13.43% in 24h, with the 4h window down 12.1%. RSI is 25, so sellers are stretched, but volume is only 0.2x the 20d average.
That’s not capitulation. That’s a thin bid 😬
Funding is still positive at 0.009%, meaning longs are paying while price bleeds. Bad setup.
At $200, I’m watching the reaction, not chasing a bounce. Lose that level cleanly and SOL gets my momentum vote. QNT still has the oversold bounce case, but this chart is chopping hard ⚠️
Pick a side.
#QNT
#Altcoin
QNT just got smoked to $204.13, down 13.43% in 24h, with the 4h window down 12.1%. RSI is 25, so sellers are stretched, but volume is only 0.2x the 20d average.
That’s not capitulation. That’s a thin bid 😬
Funding is still positive at 0.009%, meaning longs are paying while price bleeds. Bad setup.
At $200, I’m watching the reaction, not chasing a bounce. Lose that level cleanly and SOL gets my momentum vote. QNT still has the oversold bounce case, but this chart is chopping hard ⚠️
Pick a side.
#QNT
#Altcoin