$QNT /USDT – Downtrend Signal for Short Trade Idea

Current Price: $127.25

Today’s Change: +8.03%

Volume: 89,192 QNT

Category: Infrastructure | Gainer

Why Consider Shorting QNT?

QNT is moving in a clear downtrend after hitting resistance near $133. The price has been falling steadily and is now struggling to hold above $127. Sellers are in control, and lower highs are forming. If it breaks below $126.80, further drop is likely.

Key Price Levels to Watch

Resistance (Price may stop rising): $128.50 and $130.00

Support (Price may fall to): $126.00 and $124.20

Trade Plan (Short Setup)

Sell Between: $127.20 – $127.80

Stop Loss: Above $128.60

Target 1: $126.00

Target 2: $125.40

Target 3: $124.00

Summary

QNT is showing continuous weakness with no strong buyer reaction. The chart is forming a clean downtrend with lower highs and lower lows. If price breaks below $126.80, momentum may increase. A good short setup for both spot and futures traders. Watch for confirmation.