$QTUM / 4H — sharp bounce after a deep shakeout
QTUM is trading near 1.539, up +9.07% on the session.
Price printed a wide intraday range with a high at 1.789 and a low around 1.382, showing aggressive two-way action.
What’s driving the move
Strong impulsive buy candle after liquidity was taken below 1.40
Volume expanded on the rebound, signaling real demand rather than a weak bounce
Price pushed back above short-term averages, hinting at a momentum shift
Key levels to watch
Support: 1.44 then 1.38
Resistance: 1.60 then 1.78
Trend
Short-term bias is bullish
Bigger picture still needs confirmation above the 1.60 zone
Trade idea
If $QTUM holds above 1.48 and breaks 1.60 with follow-through, continuation toward 1.72–1.78 is possible
If price falls back below 1.44, expect a retest of the 1.38 demand area
$QTUM just showed strong buyer interest after the dip. Now it’s all about whether momentum can hold and turn this bounce into a real trend shift.
