Technical Analysis & Trade Signal: $QNT
/USDT🔥💯
Current Price: $113.1
Momentum: Bullish (+6.00%)
The market shows strong upward momentum, supported by higher volume ($2.52M) and a breakout near resistance at $113.
Trade Signal:
Entry Point: $112–$113 (current range)
Stop Loss: $109 (below key support)
Target Levels 🎯:
1. Target 1: $116 (Short-term resistance)
2. Target 2: $119 (Fibonacci extension zone)
3. Target 3: $123 (Key breakout target, medium-term resistance)
Momentum Indicators:
RSI: Rising but not yet overbought (indicating room for growth).
Moving Averages: Price above 20 EMA, signaling upward trend continuation.
Volume: High buying pressure supports bullish momentum.
Suggestion:
Aggressive Traders: Enter near $113 for all three targets.
Conservative Traders: Wait for a pullback to $111–$112 before entering.
Keep an eye on momentum and breakouts to validate signals.
#BitcoinInSwissReserves #BTC94KShowdown #BinanceAlphaAlert #BTCMiningPeak