$QTUM printed a sharp impulse candle followed by controlled consolidation, which usually signals digestion rather than exhaustion.
The 1.50 area is acting as a pivot zone right now. As long as price holds above 1.47–1.48, the structure stays neutral to positive.
Upside attempts may revisit the 1.60–1.65 region, but acceptance matters more than spikes.
A drop back below the moving averages would suggest the move was largely momentum driven.
(DYOR)
QTUM
1.429
-3.11%