📊 $QNT /USDT - Technical Analysis on Binance 📊

🚀 Current Price: $105.3 (Down 10.08%)

$QNT is currently facing a price drop, creating potential trading opportunities for those looking for reversals or continuation setups.

Key Levels to Watch:

24h High: $117.7

24h Low: $105.2

QNT has tested its support at $105.2, and this level will be crucial for determining the next move. If this support holds, there could be a bounce back toward $117.7. A break below $105.2 may open the door for further downside, with $104.5 being the next critical support level.

Market Depth Insights:

Bid Price: $105.2

Ask Price: $104.5

The market shows buying interest at $105.2, but sellers are looking to push the price lower. A solid break below $105.2 could trigger further declines.

Volume Analysis:

24h Volume (QNT): 33,662.30

24h Volume (USDT): 3.68M

The volume suggests moderate interest in QNT, with most activity taking place around the current price level. A volume spike could indicate the potential for either a breakout or breakdown.

Trend and Momentum Indicators:

The overall trend appears bearish as the price has dropped significantly from the $117.7 high.

RSI: Monitor the RSI for potential oversold conditions. If the RSI reaches low levels, there may be a chance for a price reversal.

What’s Next?

Bullish Scenario: A bounce from $105.2 could lead to a recovery toward $117.7, and possibly even a break above for new highs.

Bearish Scenario: A drop below $105.2 could signal further downside, with $104.5 being the next major support level.

📈 Trade Smart and Stay Informed!

QNT/USDT is currently at a critical price point. Keep an eye on key support and resistance levels to spot potential reversals or continuations. Be sure to use proper risk management techniques!

#SolvProtocolMegadrop #BinanceAlphaAlert #BTCBelow92K #btc2025 #Write2Earn $QNT