📊 $QNT Technical Analysis & Setup
The recent sweep below 198.74 reads as liquidity fuel rather than a failure, aligning with a broader bullish market structure.
• Key Support / Demand: 197.37, 198.64 demand / FVG area
• Resistance / Supply Targets: 203.26 first target, followed by 208.21 continuation
• Trigger / Confirmation: Wait for a 15m or 5m bullish engulfing or market-structure shift holding above 198.58 before entering on light volume
• Risk / Invalidation: A 1h close below 198.58 flips this bias to bearish; place protection beyond the structure flip
• Market Execution: Open interest sits at $23.4M with positive funding (+0.0100%) and a taker ratio of 1.24x
DYOR — Educational setup, not financial advice.
#BinanceSquare #Crypto #QNT #Trading
The recent sweep below 198.74 reads as liquidity fuel rather than a failure, aligning with a broader bullish market structure.
• Key Support / Demand: 197.37, 198.64 demand / FVG area
• Resistance / Supply Targets: 203.26 first target, followed by 208.21 continuation
• Trigger / Confirmation: Wait for a 15m or 5m bullish engulfing or market-structure shift holding above 198.58 before entering on light volume
• Risk / Invalidation: A 1h close below 198.58 flips this bias to bearish; place protection beyond the structure flip
• Market Execution: Open interest sits at $23.4M with positive funding (+0.0100%) and a taker ratio of 1.24x
DYOR — Educational setup, not financial advice.
#BinanceSquare #Crypto #QNT #Trading
