$QNT - Collapse Alert!
The price of $QNT has just breached a critical short-term support level at $107, with a strong bearish candle on the 15-month chart. This indicates the likelihood of a continued decline.
🔻 Set up a sell trade
Entry zone: $106.70 - $107.10
Profit target 1: $105.80
Profit target 2: $104.40
Profit target 3: $102.50
Stop loss: $107.90
📊 The collapse candle is supported by increasing downward pressure and lower highs, confirming a shift in momentum.
💡 Professional tip: Expect a slight pullback towards $107 before entering to improve the risk-to-reward ratio. Always use a stop-loss order and manage leverage. Downward momentum has returned to the forefront - smart speculation, and take profits quickly!
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