$QTUM
$QTUM 's current price is 2,982, still well above the 200-EMA (2,258) → the main trend is bullish.
However, the last candle showed a rejection from 3,485 → indicating a need for a retracement (taking liquidity below).
Lower liquidity (support):
2.75 – 2.80 → 21-EMA area, likely with many buyer stop orders.
2.58 – 2.60 → near the 34-EMA, consolidation area before the pump → strong demand zone.
Upper liquidity (resistance):
3.13 – 3.20 → previous mild rejection.
3.48 – 3.56 (latest high, many short stop orders).
The MACD is positive but starting to decline → a signal that the price will correct before continuing to rise.
Short-term (several candles ahead): Price may fall first and retest the 2.75-2.80 area (capture liquidity).
Mid-term: After touching the support area, there is a strong chance of a rebound upwards towards 3.20-3.48.
🎯 Safest Trading Plan
Best Long Entry:
2.75-2.80 (main buy zone).
TP1: 3.13-3.20
TP2: 3.48-3.56
SL below 2.58 (strong demand zone).
Quick Short Entry (scalp):
If the price rises back to 3.13-3.20 and is rejected, you can short with a target of 2.80-2.75.