QNT/USDT Technical Analysis โ€“ Binance

QNT/USDT has surged +22.55%, currently trading at $103.8. Letโ€™s analyze the key levels and potential targets for QNT in the short term.

Key Technical Indicators:

Bollinger Bands:

Upper Band: $101.0

Middle Band (MB): $89.9

Lower Band (DN): $78.8

24h High: $105.1 | 24h Low: $83.7

24h Volume (QNT): 237,650.20 QNT

24h Volume (USDT): 22.46M USDT

Three Key Price Targets:

1. Target 1: $105.1 (Immediate Resistance) The 24h high of $105.1 is the immediate resistance. If QNT breaks above this level, it could potentially push toward $107.5. Watch for price action around this level for a potential breakout.

2. Target 2: $103.8 (Current Price Support) $103.8, the current price, is showing strong support. If the price consolidates around this level, it could offer a good entry point for traders looking for a continuation of the bullish trend.

3. Target 3: $89.9 (Lower Support) Should there be a pullback, the $89.9 level, marked by the middle Bollinger Band, could act as a significant support zone. A bounce here would provide a potential buying opportunity for those looking for a dip entry.

Conclusion:

QNT/USDT is showing strong bullish momentum with resistance at $105.1. A breakout above this could target $107.5. $103.8 and $89.9 are key support levels to watch for potential dips or buying opportunities.

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