Current price: around $0.0031–$0.0034, depending on exchange. QI has made a major breakout, with the Sep. 25 daily candle closing around $0.00336, up roughly 118% on exceptionally high volume.
📊 Technical view
Trend: Strongly bullish, but extremely overextended short term.
Immediate resistance: $0.00340–$0.00355
Next resistance: $0.00400
Support: $0.00300
Major support: $0.00250–$0.00220
The recent volume explosion confirms strong market participation, but after such a sharp move, profit-taking and a pullback are possible.
🔥 Possible setup
Bullish continuation: A sustained break above $0.00355 could open the way toward $0.00400, followed by higher levels if momentum remains strong.
Pullback: Losing $0.00300 could send QI toward $0.00250–$0.00220.
Trading note: Avoid chasing a vertical candle; a retest/hold of support can offer a more controlled entry.
Overall: 🟢 Bullish momentum, very high volatility. QI is currently in a breakout phase, but the risk of a sharp retracement is elevated after the huge one-day move.
#QI #QNTRises39% #BitgetBreachForgedRequestsNotStolenKeys #BitcoinSpotETFsTurnNetPositiveYTD #levelsabovemagical
$QI
$ETC
$PHA
📊 Technical view
Trend: Strongly bullish, but extremely overextended short term.
Immediate resistance: $0.00340–$0.00355
Next resistance: $0.00400
Support: $0.00300
Major support: $0.00250–$0.00220
The recent volume explosion confirms strong market participation, but after such a sharp move, profit-taking and a pullback are possible.
🔥 Possible setup
Bullish continuation: A sustained break above $0.00355 could open the way toward $0.00400, followed by higher levels if momentum remains strong.
Pullback: Losing $0.00300 could send QI toward $0.00250–$0.00220.
Trading note: Avoid chasing a vertical candle; a retest/hold of support can offer a more controlled entry.
Overall: 🟢 Bullish momentum, very high volatility. QI is currently in a breakout phase, but the risk of a sharp retracement is elevated after the huge one-day move.
#QI #QNTRises39% #BitgetBreachForgedRequestsNotStolenKeys #BitcoinSpotETFsTurnNetPositiveYTD #levelsabovemagical
$QI
$ETC
$PHA