price chart and data for QNTUSDT, here's an analysis and signal:
*Analysis:*
1. *Price Movement:* The last price is $101.31, with a 3.99% increase. The 24-hour high is $101.66, and the low is $96.19. This indicates a significant price movement within the last 24 hours.
2. *Volume:* The 24-hour volume in QNT is 60,435.4, and in USDT, it's 5.99 million. High volume often indicates strong interest in the asset, which can be a bullish sign.
3. *Chart Pattern:* The chart shows a recent upward trend, with the price moving from around $96 to $101.31. There's a visible increase in volume as the price rises, which supports the upward movement.
4. *Indicators:* The Volume SMA (Simple Moving Average) indicator is visible but not clearly defined in the image. However, the increasing volume bars suggest growing interest and potential strength in the trend.
*Signal:*
Given the analysis above, here's a potential signal:
*Buy Signal:*
- *Entry Price:* Around $101.31 (current price)
- *Stop Loss:* Below $96.19 (recent low)
- *Take Profit:* $110.37 (recent resistance level)
*Rationale:*
- The recent upward trend and increasing volume suggest bullish momentum.
- The stop loss is set below the recent low to manage risk.
- The take profit is set at a recent resistance level, which could act as a target for the price movement.
