Binance Technical Analysis: $QNT

/USDT

Current Price: $67.8

24h High: $68.1 | 24h Low: $65.2

As we analyze the QNT/USDT pair, here are three key price targets to watch:

1. Target 1: $68.5 🎯

A breakout above $68.5 could signal bullish momentum, potentially leading to further gains. This level serves as a resistance point where sellers may try to take control. Traders should keep an eye on volume and market sentiment as the price approaches this level.

2. Target 2: $70.0 🎯

If the bullish trend continues, the next significant resistance level is $70.0. A successful break and close above this level could attract more buyers and pave the way for an upward rally, making it a critical point for trend continuation.

3. Target 3: $72.5 🎯

In the longer term, a surge past $72.5 could indicate strong bullish sentiment in the market. This level is not only a psychological barrier but also represents a Fibonacci extension point, suggesting a solid target for traders looking for higher returns.

Trading Volume Insights:

With a 24-hour volume of 25,160.71 QNT and 1.67M USDT, the market shows healthy activity, supporting potential price movements.

Conclusion:

Keep these targets in mind as you navigate the QNT/USDT market on Binance. Always use proper risk management strategies and stay updated with market news for better decision-making.

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