🚨 $QNT IS BOUNCING — BUT I’M NOT BUYING HERE.
The latest closed H1 candle finished at $300.86.
QNT broke below $285.66 earlier, showing a bearish shift. Price later swept down to $273.35 and recovered, but the bigger problem is still there:
The highs keep getting lower: $327.79 → $309.98 → $302.46.
The latest bounce also came with average volume — about 0.97× the recent 20-hour average. Buyers have not clearly taken control yet.
⚪ NO CLEAR EDGE — SKIP TRADE
Levels I’m watching:
Resistance: $302.46–$309.98
Support: $273.35–$279.12
For a safer Long idea, I want an H1 close above $309.98, then a pullback that holds with stronger volume.
An H1 close below $273.35 would weaken the recovery.
There is no confirmed entry, SL or TP right now. Buying a green candle near resistance is just chasing.
Can buyers break $309.98—or will this bounce become another lower high? 👀
$QNT #Wyckoff #SMC
Paper analysis only. Not financial advice.
The latest closed H1 candle finished at $300.86.
QNT broke below $285.66 earlier, showing a bearish shift. Price later swept down to $273.35 and recovered, but the bigger problem is still there:
The highs keep getting lower: $327.79 → $309.98 → $302.46.
The latest bounce also came with average volume — about 0.97× the recent 20-hour average. Buyers have not clearly taken control yet.
⚪ NO CLEAR EDGE — SKIP TRADE
Levels I’m watching:
Resistance: $302.46–$309.98
Support: $273.35–$279.12
For a safer Long idea, I want an H1 close above $309.98, then a pullback that holds with stronger volume.
An H1 close below $273.35 would weaken the recovery.
There is no confirmed entry, SL or TP right now. Buying a green candle near resistance is just chasing.
Can buyers break $309.98—or will this bounce become another lower high? 👀
$QNT #Wyckoff #SMC
Paper analysis only. Not financial advice.
