532% profit in $QNT, 2nd Target done ☑️
Post
--Bearish
Crypto Sat
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Bearish$QNT HUGE SELLING PRESSURE — MORE DUMP COMING?
After losing both MA7 and MA25 support, price started moving lower along with Bitcoin’s dump. Sellers are dominating right now, and the bearish momentum is getting stronger.
Currently trading around $156.24, and I’m expecting a possible drop toward $150–$147 soon.
Daily structure is bearish, but RSI is already deeply oversold, so a sudden relief bounce is also possible.
I would like to catch this dumping opportunity with a short position.
My trading plan:
Entry: $158–$161
Stop-loss: $162
Targets: 150, 143, 135, 120
Leverage: 40x
Fund recommendation: 2%
If price loses $150–$147, the next major area I’m watching is around $136–$135, where MA99 sits.
After losing both MA7 and MA25 support, price started moving lower along with Bitcoin’s dump. Sellers are dominating right now, and the bearish momentum is getting stronger.
Currently trading around $156.24, and I’m expecting a possible drop toward $150–$147 soon.
Daily structure is bearish, but RSI is already deeply oversold, so a sudden relief bounce is also possible.
I would like to catch this dumping opportunity with a short position.
My trading plan:
Entry: $158–$161
Stop-loss: $162
Targets: 150, 143, 135, 120
Leverage: 40x
Fund recommendation: 2%
If price loses $150–$147, the next major area I’m watching is around $136–$135, where MA99 sits.