đ $QNTX is showing a potential technical setup!
The daily timeframe for QNTX/USDT on Binance indicates a potential double bottom accumulation structure forming around the 50.00 USDT support zone.
đ The Technical Setup:
âą The Pattern: Double Bottom / Reversal Accumulation
âą Short-term Target: 80.00 USDT
âą Macro Objective: 91.43 USDT
âą Market Structure: Reversal
đŻ Key Levels to Watch:
âą Support / Accumulation Zone: 48.00 - 50.19 USDT
âą Resistance: 72.97 USDT
âą Breakout Level: 55.00 USDT
âą Stop Loss / Invalidation: 45.00 USDT
đ Confirmation:
âą Volume: Neutral/standard volume
âą Momentum: Bullish reaction from recent swing low
âą Trend: Reversal phase from range consolidation
â ïž Invalidation:
A decisive daily close below 45.00 USDT would invalidate this bullish setup.
Patience is advised as we monitor for a confirmed breakout above immediate resistance levels.
đ Creator: NOUMAN_DON (@NOUMAN_DON)
#QNTX #crypto #BinanceSquare #Binance #TechnicalAnalysis
The daily timeframe for QNTX/USDT on Binance indicates a potential double bottom accumulation structure forming around the 50.00 USDT support zone.
đ The Technical Setup:
âą The Pattern: Double Bottom / Reversal Accumulation
âą Short-term Target: 80.00 USDT
âą Macro Objective: 91.43 USDT
âą Market Structure: Reversal
đŻ Key Levels to Watch:
âą Support / Accumulation Zone: 48.00 - 50.19 USDT
âą Resistance: 72.97 USDT
âą Breakout Level: 55.00 USDT
âą Stop Loss / Invalidation: 45.00 USDT
đ Confirmation:
âą Volume: Neutral/standard volume
âą Momentum: Bullish reaction from recent swing low
âą Trend: Reversal phase from range consolidation
â ïž Invalidation:
A decisive daily close below 45.00 USDT would invalidate this bullish setup.
Patience is advised as we monitor for a confirmed breakout above immediate resistance levels.
đ Creator: NOUMAN_DON (@NOUMAN_DON)
#QNTX #crypto #BinanceSquare #Binance #TechnicalAnalysis
