$QNT is in a strong bullish trend, but it has already made a very large move recently, so chasing the price carries higher pullback risk. QNT surged from roughly $60 in mid-September to above $370 before retracing.
Current technical picture: around $258, with daily RSI near 70. Moving averages and momentum indicators remain bullish, but several oscillators are already in overbought territory.
Key levels
LevelPriceImportance🔴 Resistance$270–271Breakout trigger🔴 Resistance$297–300Major target🚀 Major resistance$320–321Next upside zone🟢 Support$255Key immediate support🟢 Support$234Stronger support🔻 Deeper support$21450% retracement
A daily close above $270–271 would strengthen the bullish setup and could open $297 → $320. If QNT loses $255, I'd expect a deeper pullback toward $234.
My view: 🟢 Bullish, but don't chase aggressively at $260+. The better risk/reward is either a pullback toward $250–255 that holds, or a confirmed breakout above $271.#BinanceLaunchesBinanceIntelligence #StriveBuys2000BTCFor$169M #EvernorthXRPTreasuryCompletesSPACMerger #ADAGains10%Above$0.27 #ETHUp70%InQ3ButLiquidityFalls
Current technical picture: around $258, with daily RSI near 70. Moving averages and momentum indicators remain bullish, but several oscillators are already in overbought territory.
Key levels
LevelPriceImportance🔴 Resistance$270–271Breakout trigger🔴 Resistance$297–300Major target🚀 Major resistance$320–321Next upside zone🟢 Support$255Key immediate support🟢 Support$234Stronger support🔻 Deeper support$21450% retracement
A daily close above $270–271 would strengthen the bullish setup and could open $297 → $320. If QNT loses $255, I'd expect a deeper pullback toward $234.
My view: 🟢 Bullish, but don't chase aggressively at $260+. The better risk/reward is either a pullback toward $250–255 that holds, or a confirmed breakout above $271.#BinanceLaunchesBinanceIntelligence #StriveBuys2000BTCFor$169M #EvernorthXRPTreasuryCompletesSPACMerger #ADAGains10%Above$0.27 #ETHUp70%InQ3ButLiquidityFalls