🚀 $QNT /USDT — LONG POSITION SETUP 📈

📊 MARKET CONTEXT

🔄 QNT is showing a technical rebound after successfully holding key support levels, signaling renewed buyer interest

💵 ENTRY ZONE: $74.26 – $77.00

🎯 TAKE PROFIT 1: $82.91 ⏱️

📉 Short-term resistance level

🎯 TAKE PROFIT 2: $93.33 📐

🧮 38.2% Fibonacci retracement

🎯 LATE-DEC TARGET: $112.00 🚀

📅 Extended upside objective

🛑 STOP-LOSS: $69.60 🚨

🛡️ Placed below the recent swing low to limit downside risk

🔥 WHY LONG? — TECHNICAL CONFIRMATION 🔥

📈 BULLISH DIVERGENCE

✅ Strong bullish divergence detected within the last 14 candles 🕯️

⏱️ Observed on the 4H timeframe

🔄 Often precedes a trend reversal

🛡️ SUPPORT HOLDING

📍 Price rebounded cleanly from the $75 pivot

📊 Sustained trading above support suggests upside continuation

🧊 SUPPLY SQUEEZE

📉 Exchange-held QNT supply reduced to ~1.64M tokens

📆 Lowest level since May 2025

🔥 Reduced sell pressure historically aligns with price expansion

📊 NEUTRAL RSI

⚖️ RSI currently between 40–52

📈 Indicates exit from oversold conditions with room to move higher