$QNT —the 220–230 zone is being tested
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The pullback continues after the sharp rise. The last completed day remained near the nearest support.
If $QNT holds 220–230 and closes above 257, followed by holding that level, the scenario of a return to 270 will strengthen.
A close below 220 for $QNT would invalidate the hypothesis that this zone will hold. A return to the weekly high of 373 still requires clearing the nearest obstacles.
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The pullback continues after the sharp rise. The last completed day remained near the nearest support.
If $QNT holds 220–230 and closes above 257, followed by holding that level, the scenario of a return to 270 will strengthen.
A close below 220 for $QNT would invalidate the hypothesis that this zone will hold. A return to the weekly high of 373 still requires clearing the nearest obstacles.