Is $QNT stabilizing after shedding 4.82% to $198.36?

Hourly volume spiked 1.55x above the 23-hour average during the recent session, showing active participation near the lower boundary of the $196.59 to $210.60 range.

A bullish confirmation scenario requires holding above the recent low while reclaiming the hourly close near $199.47. Conversely, sliding below the $196.59 range low invalidates this immediate stabilization setup.

Will reclaiming $199.47 signal a durable relief bounce, or will a drop below $196.59 trigger deeper downside?

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