$QNT is cooling off after pushing up to $328, with price now pulling back toward $292.
The 4H uptrend is still intact, so I’m not rushing into a short here. RSI around 65 suggests momentum is cooling, but there’s still no clear bearish reversal confirmation.
For me, $280 is the key level. A clean break below it could open the way toward $256.
On the other hand, if $328 gets reclaimed, buyers could target $374.50 next.
After such a strong rally, I’d rather wait for confirmation than blindly bet against the trend. 👀
Trade smart and manage your risk.
The 4H uptrend is still intact, so I’m not rushing into a short here. RSI around 65 suggests momentum is cooling, but there’s still no clear bearish reversal confirmation.
For me, $280 is the key level. A clean break below it could open the way toward $256.
On the other hand, if $328 gets reclaimed, buyers could target $374.50 next.
After such a strong rally, I’d rather wait for confirmation than blindly bet against the trend. 👀
Trade smart and manage your risk.
