🚀 QNT/USDT Market Update: Testing Key Support Levels

QNT/USDT is currently consolidating on the 4-hour chart, trading around 237.46 USDT, down -1.03% over the last 24 hours.

Key Market Breakdown:

• Current Price: 237.46 USDT 💰
• 24h High: 245.97 USDT 📊
• 24h Low: 234.03 USDT 📉
• Moving Averages: MA7 at 240.56 | MA25 at 241.23 | MA99 at 241.73 📌
• 24h Trading Volume: 18.87M USDT ⚡

🔍 Technical Analysis & Setup:

After rejection near the 256.50 USDT local resistance peak, price action pulled back and is currently trading below all three major short-term moving averages (MA7, MA25, and MA99) clustered around the 240.50–241.70 USDT zone.

Immediate support is established at the 234.03 USDT mark, with stronger macro support resting near 220.63 USDT. To regain bullish momentum, buyers need to reclaim the confluence zone at 241.73 USDT, which could set up a retest of 246.46 USDT and higher resistance targets.

Keep an eye on volume expansion for confirmation of the next directional move! 🔥

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$QNT