$QNT Trading at $103.76 – Significant Dip, Seeking Rebound from Support
QNT is currently trading at $103.76, having experienced a sharp decline from higher levels and now consolidating around a crucial support. The price action here will be critical in determining if buyers can step in to initiate a bounce or if sellers will push the price further down.
Key Levels:
Resistance: $104.00 (immediate, recent high), $105.00 (stronger)
Support: $103.59 (immediate, recent low), $103.20 (24h Low, stronger support)
Trade Setup - Anticipate Volatility!
Bullish Entry: A confirmed move and sustained trading above $104.00 could target:
Target 1: $105.00
Target 2: $106.00 (implied, previous high)
Bearish Entry: A break below $103.59 could target:
Target 1: $103.20 (24h Low)
Target 2: $102.00 (implied, next support)
QNT/USDT is at a critical juncture. A decisive break above $104.00 could signal a recovery, while a sustained slip below $103.59 might lead to further decline.