QTUM/USDC — Holding gains after a strong impulse
Price: 1.522
24h Change: +4.82%
Intraday High / Low: 1.710 / 1.384
Market Insight:
QTUM saw a sharp upside spike followed by a controlled pullback. Volume expansion on the move and price now holding above key short-term averages suggest profit-taking rather than distribution, with buyers still active.
Key Levels:
Support: 1.50 – 1.45
Resistance: 1.60 – 1.71
Trend:
Short-term bullish, transitioning into consolidation.
Trade Idea:
If price holds above 1.50 and breaks 1.60 with volume → continuation toward 1.70+ is possible.
If price loses 1.50 → deeper retrace toward 1.45 support becomes likely.
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