$QNT
| SHORT SETUP
Trade Type: Futures Short
Entry Zone (ENTRY):
189.37 – 191.70
Targets (TAKE PROFIT):
TP1: 181.92
TP2: 175.03
Stop Loss (STOP LOSS):
197.45
Technical Analysis:
Sellers are in control of QNT’s price action as bearish pressure increases, with attention turning to the 185 support level.
However, caution is advised: the price is approaching its 24-hour low of 185.78, and this level could form a strong support zone, leading to a temporary rebound.
Trade Management:
Do not risk all your capital on a single trade. Use an entry size appropriate for your account and stick to your stop loss.
Will sellers manage to break support and continue the downward move toward the targets?
| SHORT SETUP
Trade Type: Futures Short
Entry Zone (ENTRY):
189.37 – 191.70
Targets (TAKE PROFIT):
TP1: 181.92
TP2: 175.03
Stop Loss (STOP LOSS):
197.45
Technical Analysis:
Sellers are in control of QNT’s price action as bearish pressure increases, with attention turning to the 185 support level.
However, caution is advised: the price is approaching its 24-hour low of 185.78, and this level could form a strong support zone, leading to a temporary rebound.
Trade Management:
Do not risk all your capital on a single trade. Use an entry size appropriate for your account and stick to your stop loss.
Will sellers manage to break support and continue the downward move toward the targets?