QNT at a Crossroads⚔️: Support or Shatter?
#QNT is currently navigating a downtrend, struggling to maintain its footing above the crucial support zone of $63.5-$67.5. This upcoming retest will be a critical moment, determining whether the price can find support or breach this level, potentially leading to further decline.
Overhead resistance sits between $82.7-$84.8, a hurdle $QNT needs to overcome to reverse the downtrend.
Key factors to consider:
Market sentiment: Broader #cryptocurrency market trends can significantly impact QNT's price movement.
Trading volume: Increased trading volume during the retest suggests a potential breakout or breakdown.
News and developments: Upcoming events or announcements related to the #Quant network could influence investor confidence.
Are You Holding QNT ???