๐จ $QNT /USDT โ Oversold Panic or Prime Opportunity? โ ๏ธ
$QNT is tumbling, now at $94.97, down -4.51% in the last 24h! With RSI scraping rock-bottom levels and price breaking key supports, are we seeing capitulationโor a golden entry setup? Letโs break it down. ๐
๐ Market Overview
๐ Current Price: $94.97
๐ 24h High: $100.17
โ๏ธ 24h Low: $94.35
๐ Volume:
QNT: 44,457.95
USDT: 4.36M
๐ Moving Averages:
MA(7): $97.33
MA(25): $98.14
MA(99): $96.83
๐ RSI (6): 17.97 (Extremely oversold โ possible bounce incoming)
๐ MACD: Bearish with momentum accelerating downward
๐ QNT Trade Setup โ Key Levels to Watch
๐น Bullish Scenario (If QNT reclaims $96.00 and confirms support):
Entry: Above $96.50
Targets: $99.50, $101.20, $104.00
Stop-Loss: $93.80
๐น Bearish Scenario (If QNT loses $94.00 level):
Entry: Below $93.80
Targets: $91.50, $89.00, $86.50
Stop-Loss: $96.00
๐ Should You Hold or Sell?
โ RSI < 20 = rare oversold condition, bounce possible
โ Watching $94.00 zone for bullish defense
โ ๏ธ Break below $93.80 = further downside with limited demand until $89
๐ก Pro Tip:
๐ Look for strong volume and a reclaim above $96.50 to signal a bullish recovery
๐ No reclaim? Stay cautiousโbear pressure could extend
๐ข Are you buying this dip or waiting for confirmation? Letโs talk in the comments! ๐
๐ฅ LIKE & SHARE this signal if you value precision setups in volatile markets! ๐