$QNT is up 2 percent. Ask yourself who is selling it to you at this price
Most traders chase green candles without checking where the price actually sits inside the daily range
Right now $QNT trades at $256.9800 which is only 29 percent up from its low of $248.1400
That means someone who bought the 24 hour swing low at $247.9300 is unloading their bag onto late buyers
They made thirty bucks per token while you are buying the middle of a dead move
The 7 day high sits way up at $373.0000 making this current bounce look tiny
Volume is dead at fifty one million dollars which is just 0.3x the weekly average
There are no buyers backing this push so you are just exit liquidity for an early trader
Never buy the middle of a range when volume is dry
What rule saves you from buying the middle of a pump
#QNT #TradingTips
Most traders chase green candles without checking where the price actually sits inside the daily range
Right now $QNT trades at $256.9800 which is only 29 percent up from its low of $248.1400
That means someone who bought the 24 hour swing low at $247.9300 is unloading their bag onto late buyers
They made thirty bucks per token while you are buying the middle of a dead move
The 7 day high sits way up at $373.0000 making this current bounce look tiny
Volume is dead at fifty one million dollars which is just 0.3x the weekly average
There are no buyers backing this push so you are just exit liquidity for an early trader
Never buy the middle of a range when volume is dry
What rule saves you from buying the middle of a pump
#QNT #TradingTips