$QNT
USDT BEARISH MOMENTUM – WILL THE DROP CONTINUE? 🔻
QNTUSDT is showing continued bearish pressure as it fails to hold above key resistance levels. Currently trading at $106.46, the market structure indicates sellers are in control, with lower highs forming consistently.
🔑 Key Levels:
Resistance: $108.50 – $109.50
Support: $105.80 (strong support)
Current Price: $106.46
📉 Trade Setup (Short):
Entry Zone: $106.50 – $107.00
Take Profits:
➤ TP1: $105.80
➤ TP2: $104.50
Stop Loss: $108.20
💡 Market Outlook:
The momentum remains bearish as the price fails to break above the $109 resistance zone and forms consecutive lower lows. A clean break below $105.80 support could accelerate selling pressure towards the $104 region.
⚠️ Risk Management:
Always use stop-loss strictly and risk only 1-2% of your trading capital per setup. Avoid emotional trades and wait for confirmations before entering.
💬 Comment “QNT 🔻” if you expect further downside ahead.
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buy and trade here on $QNT