๐ QNT/USDT 1D Setup โ Cup & Handle Breakout Ahead! ๐
QNT is shaping a classic Cup and Handle formation, with the cup base resting between $110โ$115 and the handle consolidating near $120โ$130. The 20 EMA is flattening, and RSI (55โ60) signals building bullish momentum.
๐ Notably, volume spiked during the cup phase, strengthening the bullish bias.
๐ฏ Trade Plan
๐น BREAKOUT ENTRY: Daily close above $128
๐น CURRENT ENTRY ZONE : 110
๐ธ Stop-Loss: Below $100
โ
Take-Profits:
โฃ TP1: $150 (strong local target for momentum traders)
A confirmed breakout above $127 with volume could launch a fresh uptrend. If QNT closes below $100, the setup is considered invalid โ always manage risk properly.
#QNT #CryptoTrading #BullishSetups #CryptoAnalysis #TradingStrategy