$QNT — BEARISH PRESSURE PERSISTING NEAR SUPPORT LEVELS
$QNT is trading at $108.05, down -1.15%, after failing to hold gains from the $112.50 high. Price is hovering just above the $106.91 support, and continued weakness could open the door for a retest of this level or a deeper drop toward $105.50 if selling pressure accelerates.
Trade Setup (Short)
Entry: $108.00 – $108.50
TP1: $106.90
TP2: $105.50
Stop Loss: $109.50
Market Outlook:
The short-term trend remains tilted bearish as lower highs persist and momentum indicators stay weak. Unless buyers reclaim $109.50 with strong volume, the downside bias will likely dominate in the coming sessions.
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