$QNT Short Scenario on the 30-Minute Chart:
The price’s failure to break above the 193–194 resistance zone, the preservation of the downward-sloping channel forming on the chart, and the fact that the movement around the 180 level has not yet produced a strong breakout all increase the risk that selling pressure will continue.
In particular, a loss of the 170 support level could accelerate the price’s decline toward the next liquidity zone at 160. If there are closes below 160, a technical extension of the decline to the 150 zone is possible.
🎯 TARGET 1: 170–171
🎯 TARGET 2: 159–160
🎯 TARGET 3: 149–151
🔴 Primary invalidation: A strong close above 194–195.
Scenario summary: 170 is broken → 160 is tested → if 160 is lost, the 150 region comes into focus.
(This is a technical analysis scenario; the targets are not definitive price forecasts.)
#QNT #bullish #bearishmomentum #short #crypto
The price’s failure to break above the 193–194 resistance zone, the preservation of the downward-sloping channel forming on the chart, and the fact that the movement around the 180 level has not yet produced a strong breakout all increase the risk that selling pressure will continue.
In particular, a loss of the 170 support level could accelerate the price’s decline toward the next liquidity zone at 160. If there are closes below 160, a technical extension of the decline to the 150 zone is possible.
🎯 TARGET 1: 170–171
🎯 TARGET 2: 159–160
🎯 TARGET 3: 149–151
🔴 Primary invalidation: A strong close above 194–195.
Scenario summary: 170 is broken → 160 is tested → if 160 is lost, the 150 region comes into focus.
(This is a technical analysis scenario; the targets are not definitive price forecasts.)
#QNT #bullish #bearishmomentum #short #crypto
