$QNT 🔥
QNT ripped 26% and the dip buyers showed up right at the old high — that's the part I like. 🎯
📌 $QNT
Setup: Long
Entry: 95.02
Stop Loss: 90.55
TP 1: 103.96
- Trend is bullish and price just cleared the previous high at 94.98, only eight candles back.
- Higher lows keep stacking — 69.36, then 70.40, then 88.51 — so the rising trendline is still intact.
- Price sits in the upper half of the range, so this is momentum, not a bargain entry.
- Entry is essentially the retest of that broken 94.98 level, which should now act as support.
- Stop goes under the 90.55 zone low, keeping risk near one average move rather than a wide swing stop.
- Target is the untapped high at 104.52, the top edge of the whole dealing range.
Momentum trades die fast when they die — if 94.98 gives way, take the loss and move on.
#CryptoTrading #Futures
QNT ripped 26% and the dip buyers showed up right at the old high — that's the part I like. 🎯
📌 $QNT
Setup: Long
Entry: 95.02
Stop Loss: 90.55
TP 1: 103.96
- Trend is bullish and price just cleared the previous high at 94.98, only eight candles back.
- Higher lows keep stacking — 69.36, then 70.40, then 88.51 — so the rising trendline is still intact.
- Price sits in the upper half of the range, so this is momentum, not a bargain entry.
- Entry is essentially the retest of that broken 94.98 level, which should now act as support.
- Stop goes under the 90.55 zone low, keeping risk near one average move rather than a wide swing stop.
- Target is the untapped high at 104.52, the top edge of the whole dealing range.
Momentum trades die fast when they die — if 94.98 gives way, take the loss and move on.
#CryptoTrading #Futures