$QNT — BIG MOVE, BIGGER REJECTION
QNT just made a massive impulse move, but that huge upper wick tells me sellers are fighting back hard.
The 4H chart shows a breakout from the $69.62 area, followed by a parabolic move and a sharp rejection from the top.
Now I’m watching:
Resistance: $322 → $374
Support: $257 → $188
Major support: $121
If QNT holds above $250 and builds a higher low, another push toward $322–$374 could come into play.
But if $257 breaks, I’d watch the $188 area for a deeper pullback.
This is no longer about chasing the pump.
The next move depends on whether QNT can turn the breakout into real support.
$QNT
QNT just made a massive impulse move, but that huge upper wick tells me sellers are fighting back hard.
The 4H chart shows a breakout from the $69.62 area, followed by a parabolic move and a sharp rejection from the top.
Now I’m watching:
Resistance: $322 → $374
Support: $257 → $188
Major support: $121
If QNT holds above $250 and builds a higher low, another push toward $322–$374 could come into play.
But if $257 breaks, I’d watch the $188 area for a deeper pullback.
This is no longer about chasing the pump.
The next move depends on whether QNT can turn the breakout into real support.
$QNT
