$QNT #QNT ๐
Direction: SHORT
Entry zone: 177 to 181
Stop loss: 185
Target 1: 173
Target 2: 168
Quant is trading near 177.76 dollars, down 6.09 percent in 24 hours and down 8.03 percent in 7 days, inside a range of 175.96 to 189.65 dollars, with 60.6 million dollars of 24 hour volume, and the recent closes show sellers grinding price lower step by step, 179.50, then 178.54, then 178.96, then 179.54, then 177.92. ๐ด My reading is that QNT is in a clean down move, because a 6 percent drop with closes drifting lower on a red afternoon is momentum, not noise, and the coin is drifting toward its 24 hour low near 175.96 dollars. A short from the current zone, with a stop above 185, targets 173 first and then 168 if sellers break the range low. A push above the stop kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does Quant break 173 first, or bounce back above 185? ๐ค
Follow for more trades.
#Quant #Crypto #FuturesTrading #TradingSignals
Direction: SHORT
Entry zone: 177 to 181
Stop loss: 185
Target 1: 173
Target 2: 168
Quant is trading near 177.76 dollars, down 6.09 percent in 24 hours and down 8.03 percent in 7 days, inside a range of 175.96 to 189.65 dollars, with 60.6 million dollars of 24 hour volume, and the recent closes show sellers grinding price lower step by step, 179.50, then 178.54, then 178.96, then 179.54, then 177.92. ๐ด My reading is that QNT is in a clean down move, because a 6 percent drop with closes drifting lower on a red afternoon is momentum, not noise, and the coin is drifting toward its 24 hour low near 175.96 dollars. A short from the current zone, with a stop above 185, targets 173 first and then 168 if sellers break the range low. A push above the stop kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does Quant break 173 first, or bounce back above 185? ๐ค
Follow for more trades.
#Quant #Crypto #FuturesTrading #TradingSignals
