$QNT /USDT – EXTREMELY OVERBOUGHT, BUT BULLS IN CONTROL šŸš€āš ļø

The pair $QNT /USDT is trading at $115.82 (+6.03%), breaking through multiple resistance levels and maintaining strong bullish momentum. Price is well above all key EMAs, and MACD supports upward continuation. However, RSI(6) at 88.25 suggests the asset is deep in overbought territory — a pullback or consolidation could be imminent.

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šŸ“Š TECHNICAL SNAPSHOT

āœ… EMA(7): 114.70

āœ… EMA(25): 113.70

āœ… EMA(99): 113.31

šŸ“ˆ MACD: 0.25 (Positive crossover, strong momentum)

āš ļø RSI(6): 88.25 → Extremely overbought

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šŸ“Œ KEY LEVELS

šŸ”¼ Resistance Zone:

$116.12 (24h High)

$117.50–$118.00 (psychological & extended resistance zone)

šŸ”½ Support Zone:

$114.70 (EMA7 – first pullback level)

$113.30–$113.70 (EMA99 & EMA25 – stronger support)

$111.37 (recent pivot)

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šŸ“Š TRADE IDEA – WAIT FOR RETEST OR MANAGE TIGHTLY

šŸ“ˆ Entry (Buy on Dip): $113.70–$114.50

šŸŽÆ TP1: $116.00

šŸŽÆ TP2: $117.80

šŸ›‘ SL: $111.90 (below EMA99 & structural support)

OR

šŸ“‰ Short-term Countertrend (High Risk):

Entry: $116.00–$116.20

šŸŽÆ TP: $114.00

šŸ›‘ SL: $117.00

(for experienced traders only, due to RSI extremes)

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šŸ”’ RISK MANAGEMENT

Avoid overleveraging — RSI this high often precedes volatility spikes

Consider trailing stop if

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