š„ QTUMUSDT | Short-Term Market Update š
$QTUM is currently in a strong downtrend, printing lower highs and lower lows. Price is trading near a key support zone, but sellers are still controlling the market momentum ā ļø
At this stage, trend bias remains bearish unless a clear reversal structure forms.
š Bullish Scenario (Relief Bounce / Possible Reversal):
If price holds above 1.42 and breaks 1.47 with strong volume,


š Entry (Buy Setup):
ā
1.47 ā 1.49
(Break & hold above resistance)
šÆ Take Profit (TP):
š„ TP1: 1.52
š„ TP2: 1.56
š„ TP3: 1.62
š Stop Loss (SL):
ā 1.40
š This would indicate a short-term trend shift and buyers stepping in.
š Bearish Scenario (Trend Continuation):
If QTUM fails to hold above 1.43 and shows weak reaction from support,
š Entry (Sell Setup):
ā 1.44 ā 1.46
(Pullback into resistance zone)
šÆ Take Profit (TP):
š» TP1: 1.41
š» TP2: 1.38
š» TP3: 1.34
š Stop Loss (SL):
ā 1.49
š This confirms continuation of bearish pressure.
š§ Market Insight:
⢠Trend: Bearish (short-term)
⢠Strong selling momentum
⢠Support zone under pressure
⢠Volume confirmation needed for any bullish move