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$QTUM Looking like a tentative bullish rebound, but still inside the bigger downtrend – classic bounce off oversold levels.
Volume breakdown: That huge spike on the candle at timestamp was a monster green candle. Feels like capitulation – sellers finally threw in the towel, and it might be where big players started stacking. Volume's quieter now, but it's holding steady, so buyers and sellers seem balanced for the moment.
Capital flows are where it gets interesting: Big bullish divergence here.
- Contracts (futures/lev) showing heavy outflows medium-term (-574k on 4H, -404k on 3D) – leveraged crowd getting wrecked or taking profits.
- Spot flows flipping positive (+43.9k on 4H, +64.7k on 3D) – looks like smart money quietly accumulating on spot while the degens get shaken out. Short-term (5m-1H) contracts are flowing back in positive, matching the current bounce.
My read
$QTUM : Cautiously bullish – this has the setup for a decent rebound trade if you're feeling aggressive.
Entry spots:
- Safer: Wait for a dip back to 1.260–1.275 (MA5 support + old resistance flipped).
- More aggressive: Break and close above 1.343 (Resistance) with some volume behind it.
Stop-loss: Gotta give it room with how volatile this thing is (ATR around 0.076). SL at 1.195 – just under the recent low and S1 support.
Targets
$QTUM - First realistic one: 1.336–1.343 (Bollinger mid + Resistance)
- Stretch: 1.391 (next resistance) if momentum kicks in.
Overall, this feels like a counter-trend bounce with some real divergence backing it.
#qtum #Qtumusdt