$QNT — 1D 👀
QNT just moved from the $70s to nearly $195… but the real question is where buyers step in next. 👀
This is a beautiful momentum structure, but the move is already very extended. Price is sitting at $192.95, just below the fresh high at $194.95, while the daily Supertrend has climbed to $124.15.
I wouldn’t chase this candle. The cleaner play is to let QNT cool off and see if the breakout gets a proper retest.
Key levels:
• Resistance: $194.95 → $201.94
• Support: $171.21 → $140.48 → $124.15
Cleaner setup:
🟢 Entry: $165–$175 on a healthy retest
🛑 SL: $155
🎯 TP1: $195
🎯 TP2: $205
🎯 TP3: $220
The order book is currently 72.27% bids vs 27.73% asks, which is supportive, but after a move this aggressive, confirmation matters more than the imbalance.
A clean daily close above $195 would keep the breakout structure intact. If QNT loses $171, I’d want to see how the price reacts before looking for another entry.
Bias: bullish, but patience is key while $171 holds.
#QNT
QNT just moved from the $70s to nearly $195… but the real question is where buyers step in next. 👀
This is a beautiful momentum structure, but the move is already very extended. Price is sitting at $192.95, just below the fresh high at $194.95, while the daily Supertrend has climbed to $124.15.
I wouldn’t chase this candle. The cleaner play is to let QNT cool off and see if the breakout gets a proper retest.
Key levels:
• Resistance: $194.95 → $201.94
• Support: $171.21 → $140.48 → $124.15
Cleaner setup:
🟢 Entry: $165–$175 on a healthy retest
🛑 SL: $155
🎯 TP1: $195
🎯 TP2: $205
🎯 TP3: $220
The order book is currently 72.27% bids vs 27.73% asks, which is supportive, but after a move this aggressive, confirmation matters more than the imbalance.
A clean daily close above $195 would keep the breakout structure intact. If QNT loses $171, I’d want to see how the price reacts before looking for another entry.
Bias: bullish, but patience is key while $171 holds.
#QNT
