$QNT $QNT

Professional Analysis for $QNT /USDT

Current Market Overview

Current Price: $82.6

24h High: $95.4

24h Low: $65.0

24h Volume (QNT): 590,397.85

24h Volume (USDT): $50.12M

Key Technical Levels

Resistance Levels

1. Resistance 1 (R1): $83.8

Minor resistance based on the depth near the current price.

2. Resistance 2 (R2): $95.4

24h high and significant resistance.

Support Levels

1. Support 1 (S1): $78.2

Near the 7-day moving average (MA).

2. Support 2 (S2): $70.3

Intermediate support based on prior lows and volume concentration.

Trading Strategy

Long Position

Entry Zone: $78–$80

Near the S1 level to maximize risk/reward.

Stop Loss: $75 (below S1).

Targets:

Target 1: $83.8 (near R1).

Target 2: $90 (approaching R2).

Short Position

Entry Zone: $83–$85

Near R1, expecting rejection.

Stop Loss: $88 (above R1).

Targets:

Target 1: $78 (near S1).

Target 2: $72 (approaching S2).

Technical Indicators

Moving Averages

MA(7): $78.2

Short-term support zone aligns with S1.

MA(25): $66.7

Suggests the long-term bullish trend remains intact.

Bollinger Bands

Upper Band: $95.0 (near R2).

Lower Band: $72.0 (approaching S2).

MACD & Momentum

MACD: Positive momentum for now, but a bearish crossover could indicate a correction.

Volume: High volume supports active trading and increased volatility.

Observations

1. The price is currently in a critical zone near the R1 level ($83.8). A breakout above this level could test $95.4.

2. If rejected at R1, expect a pullback to S1 ($78.2).

3. Maintain tight stop losses as volatility is high.

Risk Management

Risk/Reward Ratio: Maintain at least 2:1.

Use trailing stops for long positions to secure profits during rallies.

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