$QNT /USDT Technical Analysis
Overall Trend: Strong Downtrend đ
Price is trading below all major EMAs
(EMA7: 200.33, EMA25: 214.78, EMA99: 218.25). Clear lower highs and lower lows confirm bearish structure. Sellers remain in control.
Key Indicators:
RSI(6): 27.83 â Deeply oversold
Stoch KDJ: 21.32 / 22.27 / 19.41 â Also oversold
Price recently tested the 190.41 low and is attempting a minor bounce, but the broader trend remains firmly bearish.
Preferred Setup: Short đ»
Entry Zone: 198.50 â 201.50 (near EMA7 rejection)
Stop Loss: 205.80
TP1: 192.00
TP2: 188.50 â 186.00
TP3: 180.00 (if downside momentum continues)
Good risk-reward, trading with the trend.
Long Setup (Scalp / Bounce only) đą
Entry Zone: 191.80 â 193.50 (support retest)
Stop Loss: 189.20
TP1: 198.50
TP2: 202.00 â 204.50
Only suitable for a short-term oversold bounce. If price breaks below 190, avoid longs completely.
Summary:
The market is oversold, so a small relief bounce is possible. However, there is no sign of trend reversal yet. Prefer short
positions on rallies. Watch volume closely â a high-volume breakdown below 190 would accelerate the decline.
Risk management is key. Risk only 1-2% of your capital per trade.$QNT
Overall Trend: Strong Downtrend đ
Price is trading below all major EMAs
(EMA7: 200.33, EMA25: 214.78, EMA99: 218.25). Clear lower highs and lower lows confirm bearish structure. Sellers remain in control.
Key Indicators:
RSI(6): 27.83 â Deeply oversold
Stoch KDJ: 21.32 / 22.27 / 19.41 â Also oversold
Price recently tested the 190.41 low and is attempting a minor bounce, but the broader trend remains firmly bearish.
Preferred Setup: Short đ»
Entry Zone: 198.50 â 201.50 (near EMA7 rejection)
Stop Loss: 205.80
TP1: 192.00
TP2: 188.50 â 186.00
TP3: 180.00 (if downside momentum continues)
Good risk-reward, trading with the trend.
Long Setup (Scalp / Bounce only) đą
Entry Zone: 191.80 â 193.50 (support retest)
Stop Loss: 189.20
TP1: 198.50
TP2: 202.00 â 204.50
Only suitable for a short-term oversold bounce. If price breaks below 190, avoid longs completely.
Summary:
The market is oversold, so a small relief bounce is possible. However, there is no sign of trend reversal yet. Prefer short
positions on rallies. Watch volume closely â a high-volume breakdown below 190 would accelerate the decline.
Risk management is key. Risk only 1-2% of your capital per trade.$QNT