$QNT ๐Ÿ“ˆ has bounced strongly from the $53.27 low, delivering roughly a 76% recovery and bringing buyers back into the picture.
But hereโ€™s the key: price is still below the major $120โ€“$135 resistance zone.
A clean break above $120 could shift momentum toward the next resistance near $135. Until then, this remains a strong recovery โ€” not yet a full trend reversal.
$94 โ†’ $120 โ†’ $135 is the structure Iโ€™m watching