๐ QNT Analysis โ Oversold Bounce or Breakdown Risk? ๐
๐ QNT, the native token of Quant Networkโs enterprise-grade interoperability protocol, is testing a fragile support zone. Traders are watching for a bounce or deeper flush.
๐ Technical Analysis
- Trend: Bearish
- Support: $102.80
- Resistance: $108.60
- Signal: RSI near 34, descending wedge forming
- Volume: Weak and fading
- Outlook: Bearish unless $108.60 breaks with volume
๐ฐ Market Data & News
- Price: $106.40
- 24h Change: -2.2%
- No major headlines, enterprise blockchain sentiment remains cautious
๐ Scenario Breakdown
- Bullish Case: Break above $108.60 could trigger rally to $114.20. TP: $114.00 / SL: $104.00
- Bearish Case: Drop below $102.80 confirms continuation. TP: $97.60 / SL: $108.00
๐ Sentiment Meter
๐ Bearish Bias โ Sellers in control, weak volume
โ ๏ธ Risk Level
๐ด High โ Volatile price swings, weak support, unclear trend
๐ฌ Will QNT bounce from support or slide deeper? Share your view below
๐ Trade according to the planโclick the chart and execute with precision. Success favors the prepared. ๐ช ๐ Like, Follow & Share to support quality crypto insights!
๐ข Reminder: This is educational content. No guarantees, no adviceโjust charts, data, and perspective.
๐ท๏ธ #QNT #QuantNetwork
