$QNT LONG SETUP
$QNT is currently trading around $256.8 and continues to respect the rising trendline on the 15M chart.
The chart shows multiple reactions from this trendline, suggesting buyers are defending the structure.
Key support: $253–$254
First target: $262
Next target: $270–$272
If $QNT holds the trendline and breaks above the recent resistance, the upside scenario could strengthen.
A clean breakdown below the trendline would invalidate this setup.
Watching the reaction around $253–$254 closely.
$QNT is currently trading around $256.8 and continues to respect the rising trendline on the 15M chart.
The chart shows multiple reactions from this trendline, suggesting buyers are defending the structure.
Key support: $253–$254
First target: $262
Next target: $270–$272
If $QNT holds the trendline and breaks above the recent resistance, the upside scenario could strengthen.
A clean breakdown below the trendline would invalidate this setup.
Watching the reaction around $253–$254 closely.
