$QNT: Liquidation Squeeze: Bears Trapped Near Critical Resistance
LONG SETUP QNT
Entry: $242.400 - $242.800
Stop Loss: $234.000
Take Profit: $259.800 (2R)
Key Levels: Support $238.220 | Resistance $247.890
Technical Analysis for $QNT: Price sits just above EMA9/21 and MACD histogram is positive, indicating upside bias. RSI is neutral and stochastic is near overbought, warning of a pullback. A long entry between 242.4242.8 targets the next resistance cluster at 247.9, with SL near 234 and TP around 259. Watch a break below 242.3 to invalidate.
Market Context: BTC is marginally bullish on the 24h chart while overall market breadth is negative. The broader market shows more red than green
LONG $QNT
LONG SETUP QNT
Entry: $242.400 - $242.800
Stop Loss: $234.000
Take Profit: $259.800 (2R)
Key Levels: Support $238.220 | Resistance $247.890
Technical Analysis for $QNT: Price sits just above EMA9/21 and MACD histogram is positive, indicating upside bias. RSI is neutral and stochastic is near overbought, warning of a pullback. A long entry between 242.4242.8 targets the next resistance cluster at 247.9, with SL near 234 and TP around 259. Watch a break below 242.3 to invalidate.
Market Context: BTC is marginally bullish on the 24h chart while overall market breadth is negative. The broader market shows more red than green
LONG $QNT