$QNT: Technical Signals Turn Negative as $QNT Selling Pressure Rises
SHORT SETUP QNT
Entry: $200.800 - $201.200
Stop Loss: $209.040
Take Profit: $184.920 (2R)
Key Levels: Support $198.800 | Resistance $201.860
Technical Analysis for $QNT: All major EMAs sit above price, and MACD remains under its signal line, confirming bearish momentum. RSI at 41.6 and a low ADX indicate weak but still downtrend pressure, while the stochastic K at 12 signals oversold conditions without reversing the bias. The price respects the 1H/4H resistance around 201.9, supporting a short outlook.
Market Context: BTC is in a bearish 4hour trend and 24hour price is down 0.39%, with the broader market showing 88.4% red assets, reinforcing
SHORT $QNT
SHORT SETUP QNT
Entry: $200.800 - $201.200
Stop Loss: $209.040
Take Profit: $184.920 (2R)
Key Levels: Support $198.800 | Resistance $201.860
Technical Analysis for $QNT: All major EMAs sit above price, and MACD remains under its signal line, confirming bearish momentum. RSI at 41.6 and a low ADX indicate weak but still downtrend pressure, while the stochastic K at 12 signals oversold conditions without reversing the bias. The price respects the 1H/4H resistance around 201.9, supporting a short outlook.
Market Context: BTC is in a bearish 4hour trend and 24hour price is down 0.39%, with the broader market showing 88.4% red assets, reinforcing
SHORT $QNT