๐ฅ $QNT after bottoming out at 195, price has shown a recovery with higher lows. However, it is currently facing selling pressure and rejecting from recent local high 280
ยท Key Support & Resistance Zones:
ยท Resistance: 280 (Recent local high), 320 (Psychological barrier), 373 (Major peak).
ยท Support: 240 (Short-term accumulation zone), 195 (Recent local bottom), 157 (Previous bottom before the massive pump).
๐ฏ TRADING SCENARIOS
๐ข $QNT LONG Scenario
ยท Condition: Price holds 240 - 256 support zone and shows a bullish confirmation candle, or breaks above 280 with strong volume.
ยท Entry: 250 - 256
ยท SL: below 230
ยท TP:
ยท TP1: 280 (Nearest resistance zone).
ยท TP2: 320 (Next psychological barrier).
ยท TP3: 373 (Major previous peak).
๐ด $QNT SHORT Scenario (Fading the resistance)
ยท Condition: Price recovers to 280 - 285 zone but fails to break through, showing rejection
ยท Entry: 280 - 285
ยท SL: above 300 (recent local peak).
ยท TP:
ยท TP1: 240 (Nearest support zone).
ยท TP2: 200 (Psychological support).
ยท TP3: 195 (Recent local bottom).
Support me just Trade here๐
#qnt #quant
ยท Key Support & Resistance Zones:
ยท Resistance: 280 (Recent local high), 320 (Psychological barrier), 373 (Major peak).
ยท Support: 240 (Short-term accumulation zone), 195 (Recent local bottom), 157 (Previous bottom before the massive pump).
๐ฏ TRADING SCENARIOS
๐ข $QNT LONG Scenario
ยท Condition: Price holds 240 - 256 support zone and shows a bullish confirmation candle, or breaks above 280 with strong volume.
ยท Entry: 250 - 256
ยท SL: below 230
ยท TP:
ยท TP1: 280 (Nearest resistance zone).
ยท TP2: 320 (Next psychological barrier).
ยท TP3: 373 (Major previous peak).
๐ด $QNT SHORT Scenario (Fading the resistance)
ยท Condition: Price recovers to 280 - 285 zone but fails to break through, showing rejection
ยท Entry: 280 - 285
ยท SL: above 300 (recent local peak).
ยท TP:
ยท TP1: 240 (Nearest support zone).
ยท TP2: 200 (Psychological support).
ยท TP3: 195 (Recent local bottom).
Support me just Trade here๐
#qnt #quant
