$QTUM
📊 Technical Analysis: QTUM/USDT 🚀
Current Market Overview
Price: $3.948
24h High: $4.002
24h Low: $3.783
24h Change: +3.13%
Volume: 558K QTUM (~$2.17M USDT)
Technical Indicators
SAR: Support around $3.90 signals a potential continuation of the uptrend.
Moving Averages: Short-term MA trending above key levels; suggests bullish sentiment.
Bollinger Bands: Price near the upper band, indicating upward momentum with slight overbought risk.
MACD: Positive crossover with increasing histogram bars supports a bullish trend.
🎯 Target Zones to Watch
1. Target 1: $4.10
Immediate resistance level; breaking above signals short-term bullish continuation.
2. Target 2: $4.30
A key psychological and technical level; breaching it could invite further buying pressure.
3. Target 3: $4.60
Medium-term resistance; confirmation here may open doors for a larger breakout.
📈 Trading Strategy
Support Level: $3.90 - $3.85 (Watch for buying opportunities on dips).
Breakout Level: Above $4.00 with strong volume confirms a bullish breakout.
Stop-Loss: Consider managing risk with a stop below $3.78.
💡 QTUM/USDT is showing strength with upward momentum. Watch closely for volume confirmation at key targets!