๐จ $QNT LOSING MOMENTUM AS SELLERS SLAM THE LID ON RECENT BOUNCES ๐
Entry: 162.7620โ163.3580 โก
Target: 161.8679 ๐
Stop Loss: 165.4443 โ ๏ธ
Bulls tried to mount a recovery here, but heavy overhead resistance at 166.6000 completely stalled the advance. Price action looks increasingly heavy as volume shifts in favor of the bears, leaving the door open for a slide down toward 162.1100. ๐
This distribution phase highlights how institutional supply is actively defending higher levels while momentum metrics roll over on the lower timeframes. โก
Are you fading this failed bounce or waiting for a deeper sweep of liquidity? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #QNT #ShortSetup #TRX #ICP
๐ ๐ป
Entry: 162.7620โ163.3580 โก
Target: 161.8679 ๐
Stop Loss: 165.4443 โ ๏ธ
Bulls tried to mount a recovery here, but heavy overhead resistance at 166.6000 completely stalled the advance. Price action looks increasingly heavy as volume shifts in favor of the bears, leaving the door open for a slide down toward 162.1100. ๐
This distribution phase highlights how institutional supply is actively defending higher levels while momentum metrics roll over on the lower timeframes. โก
Are you fading this failed bounce or waiting for a deeper sweep of liquidity? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #QNT #ShortSetup #TRX #ICP
๐ ๐ป
