📉 $QNT /USDT Market Update 📉

Current Price: $104.10 (-8.92%)

24h High: $115.60

24h Low: $104.10

24h Volume: 4.18M USDT

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📈 Trade Setup:

đŸ”č Long Position:

Entry Zone: $103.50 - $105.00

Target 1: $108.00

Target 2: $112.00

Stop Loss: Below $102.00

đŸ”č Short Position:

Entry Zone: $108.00 - $112.00

Target 1: $105.00

Target 2: $103.00

Stop Loss: Above $113.00

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🔍 Technical Insights:

Support Level: $103.50 is a critical support zone; breaking below could lead to further downside.

Resistance Level: $108.00 serves as immediate resistance; stronger resistance lies at $112.00.

Momentum: Bearish trend continues with lower highs and lows, but potential for a short-term bounce near support.

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⚠ Risk Management Tips:

Use tight stop-losses to manage risk effectively.

Monitor volume and RSI for signs of trend reversal.

Keep an eye on overall market sentiment for larger trends.

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