$QNT
š QNT/USDT ā 4H Trendline Support Long Setup
š Timeframe: 4H
š° Current Price: $98.01
š Trend Context: QNT is trading in a rising wedge-like structure, holding a clean uptrend with multiple bounces from the red trendline. Price is consolidating above it, suggesting potential continuation.
š© Entry Plan (Long Bias):
š Entry Options:
Aggressive Entry: $97.00 ā $98.50 (near current price + trendline bounce)
Retest Entry: $94.00 ā $95.00 (if it dips back to confirm the ascending trendline again)
Breakout Entry: Above $101.00 (breakout from local highs with momentum)
šÆ Take-Profit Targets:
TP1: $102.50 (range resistance)
TP2: $106.00 (channel resistance zone)
TP3: $110.00 ā $112.00 (upper extension zone)
š”ļø Stop-Loss:
SL: $91.00 (below ascending trendline and local swing low)
āļø Risk-Reward Tip:
Entry: $97.50
SL: $91.00
TP2: $106.00 ā Risk:Reward ā 1.3:1
Use trailing stop after TP1 to secure gains and ride the breakout.
š Alternate Bearish Scenario:
If QNT breaks below $91.00 and closes below trendline:
š Next supports: $87.50 and $83.00
Potential short setup on bearish retest of $91.00
ā
Confirmation Triggers:
ā Strong 4H bullish candle off trendline
ā Volume uptick on bounce
ā MACD / RSI turning up from neutral or oversold zone
š„ Signal Strength:
High ā Clear uptrend support being respected with multiple higher lows. A break above $101.00 would confirm bullish continuation.
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