$QNT is currently trading around $105.50, near the lower Bollinger Band.
This suggests potential for a rebound or continuation of the downtrend.
Volatility appears to be contracting, indicating a possible period of consolidation.
Key support sits at $104.26, while resistance is at $107.79.
Consider setting a stop-loss just below the support level to manage risk.
Traders may want to wait for a confirmed breakout above $107.79 before entering long positions.
Alerts can also be set near the upper band for potential selling opportunities.
