đš $QNT T SHORT SETUP đš
Iâm considering a BIG SHORT on $QNT with 20x leverage.
đ Entry: $269â274
đŻ TP: $198
đ SL: $296
Hereâs the setup đ
$QNThas already made a massive move, but the bullish momentum now appears to be losing strength. On the 15M chart, price is retesting a descending resistance zone, yet thereâs still no convincing breakout confirmation.
After such a sharp pump, Iâd rather avoid chasing the move at the top. If resistance holds, a deeper correction toward the $198 area could come into play.
â ïž High-risk setup: 20x leverage significantly increases both potential gains and losses. Donât blindly copy the position size or leverage. If $QNT breaks the setup, the $296 SL is there to manage the risk.
DYOR & trade responsibly.
Iâm considering a BIG SHORT on $QNT with 20x leverage.
đ Entry: $269â274
đŻ TP: $198
đ SL: $296
Hereâs the setup đ
$QNThas already made a massive move, but the bullish momentum now appears to be losing strength. On the 15M chart, price is retesting a descending resistance zone, yet thereâs still no convincing breakout confirmation.
After such a sharp pump, Iâd rather avoid chasing the move at the top. If resistance holds, a deeper correction toward the $198 area could come into play.
â ïž High-risk setup: 20x leverage significantly increases both potential gains and losses. Donât blindly copy the position size or leverage. If $QNT breaks the setup, the $296 SL is there to manage the risk.
DYOR & trade responsibly.
