$QNT is having a strong move today.
Price is around $98.14, up more than 36% in 24 hours, after reaching $105. The interesting part is the volume increase during the move, showing that activity picked up with the price.
On the 1H chart, QNT is still holding above the 7 MA around $98.91 and well above the 25 MA around $89.49. RSI is around 62.6, so momentum is strong but not yet in the extreme zone.
After such a fast move, I’m more interested in whether QNT can hold the recent gains and build a stable range rather than chasing the green candles.
Watching $105 as the recent high and the $89 to $90 area as an important zone.
Not financial advice. Just sharing what I’m watching. #CFTCUpdatesGuidanceOnTokenizedAssets
Price is around $98.14, up more than 36% in 24 hours, after reaching $105. The interesting part is the volume increase during the move, showing that activity picked up with the price.
On the 1H chart, QNT is still holding above the 7 MA around $98.91 and well above the 25 MA around $89.49. RSI is around 62.6, so momentum is strong but not yet in the extreme zone.
After such a fast move, I’m more interested in whether QNT can hold the recent gains and build a stable range rather than chasing the green candles.
Watching $105 as the recent high and the $89 to $90 area as an important zone.
Not financial advice. Just sharing what I’m watching. #CFTCUpdatesGuidanceOnTokenizedAssets