$QNT Anyone buying the dip on QNT right now is asking to be left holding the bag. Newbies, pay close attention and don't get rekt!
News: Bullish news is just a smokescreen for dumping. There's been a flood of QNT news lately, and retail traders see it and FOMO in. But remember: once the bullish news breaks, that's the signal for the big players to sell. The market manipulators use the news to pump the price, attract buyers chasing the rally, then quietly dump their bags on you.
Technical analysis: Price is stalling near the highs as bears build momentum. It fell from 374 to 214, a drop of over 40%. This is a classic “continuation of the downtrend.” On the 4-hour chart, the rebound is much weaker than the drop, and resistance overhead is stacked thick. Every bounce is an opportunity to go short. If you don't believe me, look back at the recent price action.
Xinhuo Strategy:
Aggressive traders: Open a short at the current price, then add to the position near 230.
Conservative traders: Wait for the price to reach around 230, then open a short position. #QNT #9月CPI来袭原油美债走势如何
(For precise entry timing, 👇come to the lounge for tea and a detailed chat👇the risk/reward is insanely good)@鑫火首席
News: Bullish news is just a smokescreen for dumping. There's been a flood of QNT news lately, and retail traders see it and FOMO in. But remember: once the bullish news breaks, that's the signal for the big players to sell. The market manipulators use the news to pump the price, attract buyers chasing the rally, then quietly dump their bags on you.
Technical analysis: Price is stalling near the highs as bears build momentum. It fell from 374 to 214, a drop of over 40%. This is a classic “continuation of the downtrend.” On the 4-hour chart, the rebound is much weaker than the drop, and resistance overhead is stacked thick. Every bounce is an opportunity to go short. If you don't believe me, look back at the recent price action.
Xinhuo Strategy:
Aggressive traders: Open a short at the current price, then add to the position near 230.
Conservative traders: Wait for the price to reach around 230, then open a short position. #QNT #9月CPI来袭原油美债走势如何
(For precise entry timing, 👇come to the lounge for tea and a detailed chat👇the risk/reward is insanely good)@鑫火首席