QTUM/USDT Technical Analysis – 4H Chart
📈 Current Market Overview:
Price: $3.296 (+0.80%)
24H High: $4.100
24H Low: $3.106
24H Volume: 8.82M QTUM | 29.87M USDT
🔥 Market Highlights:
✅ Bullish Momentum: Price has bounced from $2.70 support and is now trading above key moving averages.
✅ Strong Breakout Potential: A move above $3.40 could push QTUM towards $3.85-$4.10.
📊 Technical Indicators:
Moving Averages:
MA (7): $3.234 (short-term)
MA (25): $3.060 (mid-term)
MA (99): $3.131 (long-term)
Analysis: Price is trading above the 25 & 99 MA, indicating a possible uptrend continuation.
MACD Indicator:
DIF: 0.057 | DEA: 0.031 | MACD Line: 0.026
Analysis: MACD is bullish, with green histogram bars showing increasing buying pressure.
Support & Resistance:
Support Levels: $3.10 | $2.70
Resistance Levels: $3.55 | $4.10
🎯 Trading Strategy:
Bullish Scenario: If QTUM stays above $3.30, next targets are $3.85-$4.10. Potential long entry above $3.40 with SL at $3.10.
Bearish Scenario: If price drops below $3.10, downside targets could be $2.90-$2.70.
🔔 Conclusion: QTUM is showing strong bullish signs. If it maintains momentum above key levels, a breakout rally could be on the way!
💬 What’s your prediction for QTUM? Drop your thoughts below!