🚀 $QNT Price Analysis: Bullish Momentum in Control! 📈
$QNT/USDT is trading at $106, showing signs of recovery after a dip to $103.9. The 4-hour chart shows minor consolidation following a bearish retracement, but bullish potential is on the rise.
Key Levels to Watch
🔑 Resistance: $109 – A breakout here could push $QNT towards $111 or higher.
🔑 Support: $103.9 – Holding this level is key to avoiding further downside.
Trade Setup
💡 Entry Point: Consider entering around $107 for an upward move.
🎯 Targets:
1️⃣ $115 (short-term)
2️⃣ $121 (next resistance)
3️⃣ $129.9 (extended target)
🚨 Stop-loss: Set at $103.5 to manage risk.
Analysis:
With the RSI and MACD stabilizing, we’re seeing a potential shift in momentum. If $QNT holds above $107 and breaks $109, bullish continuation toward higher targets is likely!