$QTUM is currently trading near the lower Bollinger Band at 1.8909.
This suggests potential overselling, making it a critical watch point for reversal.
The 24-hour price change of -2.327% indicates bearish momentum.
Key support is found at 1.892, while resistance lies at 2.007.
If volatility is contracting, traders may consider waiting for confirmation of trend direction.
A stop-loss could be placed slightly below the support level at 1.890.
Traders might benefit from setting alerts to react quickly to price movements.
