$Q finally running out of steam? 👀
I’m looking at a BIG SHORT on $Q here.
TP: $0.0689
SL: $0.155
$QNT
After that massive pump, a lot of short sellers have already been wiped out. But now, price is struggling to push higher, volume is fading, and profit-taking seems to be kicking in.
To me, this move is starting to look more like a potential bull trap than a strong breakout.
If sellers step in with momentum, we could see a sharp move down from here. I’m watching this setup closely and waiting to see if the downside momentum confirms the move. 📉
I’m looking at a BIG SHORT on $Q here.
TP: $0.0689
SL: $0.155
$QNT
After that massive pump, a lot of short sellers have already been wiped out. But now, price is struggling to push higher, volume is fading, and profit-taking seems to be kicking in.
To me, this move is starting to look more like a potential bull trap than a strong breakout.
If sellers step in with momentum, we could see a sharp move down from here. I’m watching this setup closely and waiting to see if the downside momentum confirms the move. 📉