📈 $QTUM /USDT Market Analysis – Bullish Momentum! 🚀
QTUM/USDT is currently trading at $3.546 (+9.04%) on Binance, showing strong upside movement.
💡 Key Indicators Overview:
✅ RSI Levels:
Daily RSI at 59.98 – Approaching overbought but still room for growth.
Short-term RSI (15) at 55.88 – Bullish momentum.
RSI 60 & 240 at 63.53 and 65.19 – Strengthening trend.
✅ Moving Averages (MA):
SMA 5, 10, 20, 50 – All Bullish – Strong confirmation of an uptrend.
⚠️ Other Indicators:
Stochastic & Stoch RSI Bearish Crossover – Caution for possible short-term pullback.
MACD Bullish Crossover – Supports further upward movement.
ADX Bullish Crossover – Confirms trend strength.
MFI Overbought – Suggests a potential cooling-off period.
VWAP in Uptrend – Short-term bullish confirmation.
🔍 What’s Next?
If QTUM holds above $3.50, next resistance is around $3.80 - $4.00.
Failure to hold could see support around $3.20 - $3.00.
MACD & ADX suggest strength, but overbought MFI warns of a possible consolidation.
💬 Are you trading QTUM? Where do you see it heading next? Let’s discuss!
