Everyone thinks QNT's infrastructure rally is over after -7.10%, but the chart shows price finding support near 70.04.
$QNT/USDT — LONG (Contrarian Bounce)
Trade Plan:
Entry: 70.20 – 70.40
SL: 69.50
TP1: 72.50
TP2: 74.00
TP3: 76.17
Why this setup?
15m chart shows -7.10% intraday but volume (17,972 QNT) suggests selling exhaustion. Price rejected lows at 70.04 and is stabilizing near 70.40. ATR 0.85 signals volatility compression. 4h bias is NEUTRAL to LONG with 62% confidence — setup favors 5–6% bounce toward TP3 at 76.17.
Debate:
Is QNT bottom-fishing ready for a rebound or will 70.04 break on the next leg down?
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{future}(QNTUSDT)
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