#QNTUSDT is compressed within a falling wedge pattern, a classic bullish reversal signal. But what makes us confident in an upcoming breakout? It's the combination of increasing trading volume and improving macro market sentiment.
Should QNT fail to bounce back from the $50.0 support, our eyes will be on the next critical level at $40.0. Historically, this level has been a stronghold, and the probability of a rebound here is notably higher.
But remember, if #QNT breaks below these key support levels, the bears might take control, potentially leading to a bearish continuation.