$QNT attempted to break above its key resistance zone but ended up creating a fakeout, trapping late buyers at the top.
The sharp rejection dragged the price back down toward a strong support zone, which also aligns with the rising trendline.
This area is now a key decision point, if the price holds, a bullish reversal could follow. But if it breaks below, further downside is likely. This level will define QNT’s next major move.