QNT/USDT Technical Analysis and Trade Signal
Current Price: $116.9
Price Change: +11.55% (24h)
Technical Indicators:
Support: $113.4 (SAR level)
Resistance: $117.3 (24h High)
Trend: Bullish momentum, with a price increase of +11.55% over the last 24 hours.
Volume: Moderate 24h volume of 6.89M USDT, indicating active trading.
RSI: Currently in the bullish zone, but may be approaching overbought territory. Monitor for potential pullbacks.
Trade Signal:
Buy Signal: Enter near current price ($116.9), or if it drops back to the support level at $113.4.
Target Levels 🎯:
1. First Target: $118.0 (Resistance Zone)
2. Second Target: $120.0 (Psychological resistance level)
3. Third Target: $122.0 (Potential new high)
Trade Momentum: The bullish momentum appears strong, with a recent surge in price. Watch for any signs of reversal if RSI starts to overheat. Ensure stops are in place around $113.4 to protect profits.
Action:
Buy near $116.9, with a stop loss below $113.4.
Target for profits at $118.0, $120.0, and $122.0.
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