Most traders are going to get wiped out chasing this pump!
Everyone buying $QNT right now at $92.71 is walking straight into a trap. After a massive 31% run up to $93.69, retail breakout traders are FOMOing into large buy orders after that swing high sweep. But looking at the order block and fair value gap left behind near $88.16, a sharp liquidation sweep to grab sell orders and hunt leverage is coming before any real continuation.
I am placing a short order right here to catch the pullback to key support.
• Entry Level: $92.70 - $93.50
• Take Profit: $88.50
• Stop Loss: $94.80
Manage your risk or become liquidity for the market.
$QNT
Everyone buying $QNT right now at $92.71 is walking straight into a trap. After a massive 31% run up to $93.69, retail breakout traders are FOMOing into large buy orders after that swing high sweep. But looking at the order block and fair value gap left behind near $88.16, a sharp liquidation sweep to grab sell orders and hunt leverage is coming before any real continuation.
I am placing a short order right here to catch the pullback to key support.
• Entry Level: $92.70 - $93.50
• Take Profit: $88.50
• Stop Loss: $94.80
Manage your risk or become liquidity for the market.
$QNT
