๐Ÿ”ป QNT/USDT โ€“ Channel Top Rejection!

โฐ 1H Chart Intraday/Scalping Setup

๐Ÿ“ Current Price: $114.36

๐Ÿ”ฝ Short Entry Zone: $115.50 โ€“ $116.50

๐ŸŽฏ Targets:

TP1: $112.80

TP2: $110.00

TP3: $107.50

๐Ÿ›‘ Stop Loss: $117.50

๐Ÿ“Œ Setup Insight:

Price is rejecting the upper boundary of the rising channel, indicating a potential short-term reversal. Volume spike at resistance followed by lower highs suggests exhaustion of bullish momentum.

๐Ÿ’ก Look for a strong bearish confirmation candle or break below $113.80 to strengthen the setup.