$QNT / USDT Short Trade Alert: Weak Rally Below Resistance Zone! šØ
$QNT / USDT is facing strong resistance near the $98.30 mark, forming a series of lower highs despite recent bounces. Price action remains bearish-biased under the $98ā$99 area, with signs of rejection and fading momentum.
š” Trade Setup
Entry: $97.00
Take Profit: $93.80
Stop Loss: $98.50
Multiple wicks above $98 without follow-through reflect selling pressure. A break below $96.00 could trigger further downside, validating a move toward recent support levels around $93.80.
š Trend context: Despite a 30-day gain of 35.5%, short-term structure remains vulnerable to a breakdown unless bulls regain strength above $98.50.
šØ Risk Warning: Move stops to break-even on momentum drop; breach above $98.50 invalidates the setup.
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