QNTUSDT — SHORT 🔴
Entry: $187.94
Stop Loss: $190.43
TP1: $182.13
TP2: $178.80
TP3: $175.48
Risk-to-Reward: 2.33R to TP1, 3.67R to TP2 and 5.00R to TP3.
I'm favoring the short side on $QNT after price filled an imbalance between $187.60 and $188.28 and met selling pressure. The inability to close above the gap boundary favors continuation toward lower structural targets starting at $182.13. A 1H close above $190.43 invalidates the bearish thesis.
DYOR. Manage your risk.
#QNT #Trading #Crypto
Entry: $187.94
Stop Loss: $190.43
TP1: $182.13
TP2: $178.80
TP3: $175.48
Risk-to-Reward: 2.33R to TP1, 3.67R to TP2 and 5.00R to TP3.
I'm favoring the short side on $QNT after price filled an imbalance between $187.60 and $188.28 and met selling pressure. The inability to close above the gap boundary favors continuation toward lower structural targets starting at $182.13. A 1H close above $190.43 invalidates the bearish thesis.
DYOR. Manage your risk.
#QNT #Trading #Crypto
