🚀 $QNTX is showing a potential technical setup!
The daily timeframe for QNTX/USDT on Binance indicates a potential double bottom accumulation structure forming around the 50.00 USDT support zone.
📈 The Technical Setup:
• The Pattern: Double Bottom / Reversal Accumulation
• Short-term Target: 80.00 USDT
• Macro Objective: 91.43 USDT
• Market Structure: Reversal
🎯 Key Levels to Watch:
• Support / Accumulation Zone: 48.00 - 50.19 USDT
• Resistance: 72.97 USDT
• Breakout Level: 55.00 USDT
• Stop Loss / Invalidation: 45.00 USDT
📊 Confirmation:
• Volume: Neutral/standard volume
• Momentum: Bullish reaction from recent swing low
• Trend: Reversal phase from range consolidation
⚠️ Invalidation:
A decisive daily close below 45.00 USDT would invalidate this bullish setup.
Patience is advised as we monitor for a confirmed breakout above immediate resistance levels.
💎 Creator: NOUMAN_DON (@NOUMAN_DON)
#QNTX #crypto #BinanceSquare #Binance #TechnicalAnalysis
The daily timeframe for QNTX/USDT on Binance indicates a potential double bottom accumulation structure forming around the 50.00 USDT support zone.
📈 The Technical Setup:
• The Pattern: Double Bottom / Reversal Accumulation
• Short-term Target: 80.00 USDT
• Macro Objective: 91.43 USDT
• Market Structure: Reversal
🎯 Key Levels to Watch:
• Support / Accumulation Zone: 48.00 - 50.19 USDT
• Resistance: 72.97 USDT
• Breakout Level: 55.00 USDT
• Stop Loss / Invalidation: 45.00 USDT
📊 Confirmation:
• Volume: Neutral/standard volume
• Momentum: Bullish reaction from recent swing low
• Trend: Reversal phase from range consolidation
⚠️ Invalidation:
A decisive daily close below 45.00 USDT would invalidate this bullish setup.
Patience is advised as we monitor for a confirmed breakout above immediate resistance levels.
💎 Creator: NOUMAN_DON (@NOUMAN_DON)
#QNTX #crypto #BinanceSquare #Binance #TechnicalAnalysis
