QNT/USDT Technical Analysis – Binance
QNT/USDT has surged +22.55%, currently trading at $103.8. Let’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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