$QNT is knocking on the door of a major resistance level after a strong rally. The chart is hinting at a potential breakout—is $120+ on the table soon?
Let’s dive in 👇
🔍 Chart Breakdown$QNT
📉 Previous Trend: QNT has been in a downtrend since late 2023, forming lower highs and lower lows.
💥 Current Setup:
Price is retesting the $101.98 zone, a major horizontal resistance (marked in yellow).
This level acted as support in December 2024–January 2025 and flipped into resistance after the breakdown.
📊 Current Price: ~$99.60
🟢 Support Zones:
$93.00 (minor)
$85.00–$87.00 (stronger demand area)
🔴 Resistance Ahead:
$101.98 (major)
$115.00 (next supply zone)
$130.00+ (trend continuation target)
📌 Market Structure:
Higher lows forming since April
A clean breakout above $101.98 would confirm a bullish reversal structure
🚀 What’s Next?
✅ Break & hold above $101.98 = likely push to $115
✅ Clear $115 = upside momentum toward $130+
⚠️ Rejection at $101.98 = possible retrace to $85–$90 support
🧠 TL;DR
QNT is testing a crucial resistance level at $101.98
Higher lows suggest buying pressure is building
Breakout above $102 = potential trend reversal 📈
Do you think QNT breaks $102 soon? Or is a pullback coming first? Let’s hear your thoughts! 🗣️👇
Disclaimer: This is not financial advice. Always conduct your own research before making investment decisions.
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ant #CryptoMarket #BullishSetup #BinanceSquare $QNT $USDT#BinanceAlphaAlert
