🔥 $QTUM /USDT Bullish Momentum — next level $4.10? $QTUM is trading at $3.59, showing a significant increase of 24.85% over the last 24 hours. The coin has bounced strongly from its low of $2.82 and is approaching a critical resistance zone.
Key levels to watch:
Resistance: $3.80 — a break above this level could lead to #QTUM testing the recent high of $4.10.
Support: $3.30 — holding this level is crucial for maintaining bullish momentum. Below it, $3.10 may serve as a pullback zone.
Indicators:
RSI: at 83.44, indicating overbought conditions. Be cautious of possible short-term pullbacks.
MACD: Positive crossover, signaling the continuation of upward momentum.
Trade Setup:
Long Entry: above $3.60, target $3.80 and $4.10.
Short Entry: below $3.30, target $3.10 and $2.90.
💡 Pro Tip: Volume is sharply increasing, indicating strong market interest. If $3.80 is breached, QTUM could rise even further. However, watch for profit taking near overbought zones. Plan your trades carefully!