$QNT â 1H đ
QNT just touched $125⊠but is the cleaner setup coming after the pullback?
This is a very strong 1H structure. QNT pushed from around $97 to $125, printing higher highs and holding well above the green Supertrend at $109.78.
Recent market data also shows QNT has been moving sharply higher over the past few sessions, so volatility is elevated. (Investing.com Canada)
Key levels:
âą Resistance: $125 â $126.93
âą Support: $117.80 â $113.50 â $109.78
Cleaner setup:
đą Entry: $117.5â$120 on a healthy retest
đ SL: $114.5
đŻ TP1: $125
đŻ TP2: $129
đŻ TP3: $133â$135
I wouldnât chase QNT at the current price after this vertical move. The better signal would be a pullback that holds $117.80 and then starts reclaiming the highs.
Order book is almost balanced, with 49.19% bids vs 50.81% asks, so the next reaction around $125 matters.
Bias: bullish while $109.78 holds.
#Write2Earn #QNT
QNT just touched $125⊠but is the cleaner setup coming after the pullback?
This is a very strong 1H structure. QNT pushed from around $97 to $125, printing higher highs and holding well above the green Supertrend at $109.78.
Recent market data also shows QNT has been moving sharply higher over the past few sessions, so volatility is elevated. (Investing.com Canada)
Key levels:
âą Resistance: $125 â $126.93
âą Support: $117.80 â $113.50 â $109.78
Cleaner setup:
đą Entry: $117.5â$120 on a healthy retest
đ SL: $114.5
đŻ TP1: $125
đŻ TP2: $129
đŻ TP3: $133â$135
I wouldnât chase QNT at the current price after this vertical move. The better signal would be a pullback that holds $117.80 and then starts reclaiming the highs.
Order book is almost balanced, with 49.19% bids vs 50.81% asks, so the next reaction around $125 matters.
Bias: bullish while $109.78 holds.
#Write2Earn #QNT
