$QNT QNT/USDT Technical Analysis: Potential Targets for the Upcoming Sessions
🔍 Current Price: $141.5 (down by 6.17%)
🚀 Market Overview: The QNT/USDT pair is currently experiencing a slight decline, trading at $141.5, a 6.17% drop from the previous high. The pair has shown significant fluctuations within the 24-hour range, moving between $138.9 and $153.3. With a 24-hour volume of 83,173.30 QNT and 12.02M USDT, the market remains active, offering multiple opportunities for traders.
📊 Technical Indicators:
SAR (Stop and Reverse): The SAR indicator is currently at $144.6, signaling a potential short-term reversal point. The SAR has shown a shift to -153.3, indicating a slight bearish trend in the short term.
Volume: The current trading volume is moderate, with a 24-hour high volume suggesting strong liquidity, especially around the $141.5 mark.
Depth: Buy orders are stacked at lower prices around $136.2, while sell orders are at $154.4.
🔮 Price Targets: Here are three key price levels to monitor for QNT/USDT:
🎯 Target 1: $145
This is the immediate resistance level according to the SAR indicator. If QNT manages to break this level, we could see a rally toward higher prices.
🎯 Target 2: $153.3 (24-Hour High)
This level has been the highest point in the last 24 hours. It could act as a major resistance zone. A breakout above this level might signal further bullish momentum.
🎯 Target 3: $138.9 (24-Hour Low)
A potential support level. If the price tests this point and holds, it could present a buying opportunity, as it has historically been a strong support zone.
💡 Conclusion: Watch these key levels closely. If the price moves towards $145, it could lead to a potential reversal, while a drop toward $138.9 might signal a support bounce. Keep an eye on volume trends and the SAR indicator for additional confirmation.
As always, be sure to conduct your own research and trade responsibly!
#QNT #USDT #CryptoNewss #TechnicalAnalysis #Trading