$QNT Signal】Bull-Bear Battle, Waiting for 1H Level Direction Choice



$QNT The 1H level is currently oscillating around a critical support area, with bulls and bears fiercely contesting near $62. The 4H level remains in a downtrend channel, but the 1H RSI has shown a slight bullish divergence, and the price has repeatedly found support around $61.5, indicating a short-term rebound possibility. Open interest remains stable, with no signs of panic selling; major players may be accumulating.

🎯 Direction: Wait and see (Pending order strategy)

⚡ Breakout Pending Order (Long): If the price stabilizes above $62.50, go long (Reason: Breaks above 1H EMA20 resistance and short-term downtrend line, confirming rebound momentum).

⚡ Pullback Pending Order (Long): If the price retraces to $61.60, add long (Reason: Rebound from strong support at previous low and 4H Fibonacci 0.786 retracement level).

🛑 Stop Loss: $60.90 (Reason: Breaks below recent multiple support tests, indicating structure breakdown).

🚀 Target 1: $63.80 (Reason: 1H previous high resistance and near EMA50).

🚀 Target 2: $65.20 (Reason: 4H downtrend wave Fibonacci 0.618 retracement level).

🛡️ Trading Management:

- Position suggestion: Light position (Reason: 4H trend is unclear, trading against the trend, higher risk).

- Execution strategy: After any pending order is triggered, if the price reaches Target 1, reduce position by 50% and move stop loss to entry point. Keep the remaining position aiming at Target 2. If the price cannot quickly move away from the cost area, consider breakeven or slight loss exit.

Deep logic: Order book shows sell orders accumulating around $62.2-$62.3, buy orders densely clustered around $61.9-$62.0, forming a short-term standoff. The 1H RSI (38.38) is near oversold, leaving room for a rebound correction. Key is whether the price can volume-break through $62.5; if it does, it may trigger short covering. The current strategy is to lay in wait, avoiding blind entries near the oscillation center at $62.1.

Check real-time quotes 👇 $QNT

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Yemets13vip
· 4h ago
yes yes yes obhss welcome
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