$QNT SHORT TRADE SIGNAL AS BEAR FLAG FORMS BELOW BREAKDOWN
SUPPORT BROKEN. WEAK CONSOLIDATION AT LOWS.
$QNT plunged to $125.45 and is now consolidating sideways near the lows. This type of price action typically forms a bear flag, suggesting more downside ahead. If $125.50 breaks again with momentum, expect a deeper drop toward the next demand zones.
Trade Setup:
Short Entry: 126.00 – 126.50
TP1: 124.20
TP2: 122.50
SL: 127.40
Market Outlook:
Trend remains bearish. No signs of strong bounce or reversal yet. Breakdown continuation expected on weakness.
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