#我在Gate广场过新年 $QNT 1H level is oscillating narrowly above the EMA20 (62.91), with the price declining but open interest remaining stable, indicating not a main force selling off but rather a shakeout of short-term traders. The 4H price retraced to the recent consolidation zone lower boundary, approaching the key support area of 60.66-61.00. The 1H RSI (51.64) has exited oversold territory, gathering strength for a potential move.
🎯Direction: Long (Long) ⚡Entry/Order: 63.25 - 63.50 (gradually around the current price) 🛑Stop Loss: 62.40 🚀Target 1: 64.80 🚀Target 2: 66.00 🛡️Trade Management: - Execution Strategy: After reaching Target 1, reduce position by 50% and move the stop loss to the entry price. Trail the remaining position for profit-taking. If the 1H close drops below EMA20 (62.91), exit all positions. (Depth Logic: The price retraced from 64.25, but the 4H open interest remains stable, indicating the decline is not driven by new shorts but by long liquidation. The order book shows a large sell order of 75.2 at 63.10, which, once absorbed, could lead to a quick rally. The 1H EMA20 and EMA50 are about to form a golden cross, providing short-term support. ) View real-time market data 👇$QNT $BTC $ETH
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#我在Gate广场过新年 $QNT 1H level is oscillating narrowly above the EMA20 (62.91), with the price declining but open interest remaining stable, indicating not a main force selling off but rather a shakeout of short-term traders. The 4H price retraced to the recent consolidation zone lower boundary, approaching the key support area of 60.66-61.00. The 1H RSI (51.64) has exited oversold territory, gathering strength for a potential move.
🎯Direction: Long (Long)
⚡Entry/Order: 63.25 - 63.50 (gradually around the current price)
🛑Stop Loss: 62.40
🚀Target 1: 64.80
🚀Target 2: 66.00
🛡️Trade Management:
- Execution Strategy: After reaching Target 1, reduce position by 50% and move the stop loss to the entry price. Trail the remaining position for profit-taking. If the 1H close drops below EMA20 (62.91), exit all positions.
(Depth Logic: The price retraced from 64.25, but the 4H open interest remains stable, indicating the decline is not driven by new shorts but by long liquidation. The order book shows a large sell order of 75.2 at 63.10, which, once absorbed, could lead to a quick rally. The 1H EMA20 and EMA50 are about to form a golden cross, providing short-term support. )
View real-time market data 👇$QNT $BTC $ETH