QNT/USDT is currently trading at 83.2, up 27.02% in the last 24 hours.
1. Trend: The price is moving above both the EMA(20) and EMA(50), indicating a strong short-term uptrend.
2. Support and Resistance: The key support level is at 81.7 (EMA 20). If it holds above this level, the price is likely to continue testing the resistance at 95.4, the highest level in the last 24 hours.
3. Trading Volume: The 24h volume is 608,610.47 QNT, reflecting strong investor participation and supporting the uptrend.
Prediction: If the price holds above 81.7, QNT could continue to rise towards 95.4. However, pay attention to the possibility of a correction.
Trading Suggestion:
- Buy if price corrects to around 81.7.
- Cut loss if price falls below 80.0 to manage risk.