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QNT is trading near $292.45, up 2.13% over 24H, with a reported range of $273.72–$329.00. Short-term recovery is underway, but technical indicators show selling pressure on some timeframes. A rejection near resistance may create a bearish opportunity. <Cite refs={["turn291781search8","turn291781search7"]}/>
Price broke out of the channel off the HL (0.133), made an LH high at 0.147, and is now pulling back through the rising channel toward the 50%–61.8% Fib zone (0.1385–0.1390).
Entry: the 0.1385–0.1390 zone, where the mid-channel trendline and Fib support align — a common area for buyers to step back in. TP1 (0.1414): the 38.2% Fib / recent consolidation resistance.
TP2 (0.1470): the LH swing high — full retracement target if momentum resumes. SL (0.1330): below the channel's lower trendline and the HL — a close below here invalidates the bullish structure.