$QNT BULLISH BIAS—BUT THE BREAKOUT NEEDS REPAIR. No chasing.

QNTUSDT | Binance USD-M Futures | H1
Latest closed H1: $293.82, 30 Sep 2026, 14:59:59 UTC.
300 closed candles validated.

Three structural clues:
• Higher swing lows: 204.25 → 237.07 → 252.38 → 275.12.
• The 11:00 UTC candle closed at 316.55 above the 307.93 swing high: confirmed bullish BOS.
• Breakout volume reached 529.4K QNT, 2.44x the preceding 20-hour average.

Wyckoff: a potential re-accumulation attempt after the rebound; no stable H1 trading range or completed Spring/SOS sequence is confirmed.
SMC: the 29 Sep sweep below the 242.12 equal-low pool reclaimed it at 249.43. The protected 275.12 low remains intact, while 327.79 is the nearest weak high.

The latest candles closed back BELOW 307.93 and fully filled the 298.88–303.92 bullish imbalance. That weakens immediate continuation: demand at 280.85–293.86 is being tested.

ONE CONDITIONAL LONG MAP
Trigger: a NEW H1 close above 307.93.
Entry: 303.92–307.93 only after the subsequent retest holds and H1 closes back above 307.93.
SL: 285.00, below the latest 285.66 pullback low.
TP1: 327.79 | 1.04R
TP2: 349.00, next supply | 2.06R
R:R from entry midpoint 305.925, before fees/slippage. Supply extends toward 374.50.

BULLISH BIAS — NO ENTRY YET.
Neither the renewed trigger nor its defended retest has appeared. An H1 close below 285.00 invalidates this conditional long thesis.

Do not buy the first green candle or chase a breakout. Reassess if the pullback low breaks before confirmation.

$QNT #Wyckoff #SMC
Paper analysis only. Not financial advice.

Can buyers turn 307.93 back into support before the bounce loses its footing?