$QNT at $254.07: are shorts about to get trapped, or is this just dead money? 🤔
Down 2.37% in 24h, with $44.46M traded, but the chart isn’t fully broken. Price is still above the 20d and 50d MAs, while 4h RSI sits at 49.
Shorts are paying.
Funding is -0.011%, yet volume is only 0.2x the 20d average. That’s the key difference from $SOL right now: QNT has structure, but barely any participation. I’d watch $250 closely. Hold it, or I’m waiting for a cleaner retest. 📉
Would you enter near $250 or wait for confirmation?
#QNT #Crypto #Web3
Down 2.37% in 24h, with $44.46M traded, but the chart isn’t fully broken. Price is still above the 20d and 50d MAs, while 4h RSI sits at 49.
Shorts are paying.
Funding is -0.011%, yet volume is only 0.2x the 20d average. That’s the key difference from $SOL right now: QNT has structure, but barely any participation. I’d watch $250 closely. Hold it, or I’m waiting for a cleaner retest. 📉
Would you enter near $250 or wait for confirmation?
#QNT #Crypto #Web3