#StriveBuys3311BTCFor$280M๐จ $QNT /USDT Market Update ๐ | Is a Bounce Coming?
๐น Current Price: $211.65
๐ข 24H Change: +2.58%
๐ 24H High: $222.82
๐ 24H Low: $200.71
๐ Technical Analysis (1D Chart)
QNT is showing a small recovery after a recent decline, but the overall daily chart still faces selling pressure.
๐ Key Levels to Watch:
๐ข Support Zone: $200โ$203
If this zone holds, $QNT may attempt a recovery.
๐ด Resistance 1: $222โ$230
A breakout above this area could strengthen bullish momentum.
โ ๏ธ Resistance 2: $235โ$240
Further upside may require stronger buying volume.
๐ Indicator Signals:
โข Price is below the 7-day moving average near $230.11, suggesting short-term weakness.
โข MACD remains negative, indicating bearish momentum is still present.
โข The current bounce needs confirmation from stronger volume.
๐ฏ My View: $QNT is approaching an important support area. A successful hold could lead to a relief bounce, while a breakdown below $200 may increase downside risk..
๐น Current Price: $211.65
๐ข 24H Change: +2.58%
๐ 24H High: $222.82
๐ 24H Low: $200.71
๐ Technical Analysis (1D Chart)
QNT is showing a small recovery after a recent decline, but the overall daily chart still faces selling pressure.
๐ Key Levels to Watch:
๐ข Support Zone: $200โ$203
If this zone holds, $QNT may attempt a recovery.
๐ด Resistance 1: $222โ$230
A breakout above this area could strengthen bullish momentum.
โ ๏ธ Resistance 2: $235โ$240
Further upside may require stronger buying volume.
๐ Indicator Signals:
โข Price is below the 7-day moving average near $230.11, suggesting short-term weakness.
โข MACD remains negative, indicating bearish momentum is still present.
โข The current bounce needs confirmation from stronger volume.
๐ฏ My View: $QNT is approaching an important support area. A successful hold could lead to a relief bounce, while a breakdown below $200 may increase downside risk..