【$QNT Signal】Pullback to add longs + 1H level charging, waiting for breakout
The 1H level is oscillating narrowly above EMA20 (62.91), with the price declining but open interest stable, indicating it’s not mainly driven by large sell-offs but rather a washout of short-term traders. The 4H level has the price retracing to the recent oscillation zone, near the key support area of 60.66-61.00. The 1H RSI (51.64) has moved out of oversold territory, building momentum for a breakout.
🎯Direction: Long $QNT Long(
⚡Entry/Order: 63.25 - 63.50 (gradually around current price)
🛑Stop Loss: 62.40
🚀Target 1: 64.80
🚀Target 2: 66.00
🛡️Trade Management:
- Execution Strategy: After reaching Target 1, reduce position by 50% and move stop loss to entry price. Trail the remaining position for profit. If the 1H close drops below EMA20 (62.91), exit all positions.
)Depth Logic: The price retraced from 64.25, but the 4H open interest remains stable, indicating the decline is not driven by new shorts but by long liquidation. The order book shows a large sell order at 63.10 with 75.2 units of volume, which, once absorbed, could trigger a quick rally. The 1H EMA20 and EMA50 are about to form a golden cross, providing short-term support. (
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【$QNT Signal】Pullback to add longs + 1H level charging, waiting for breakout
The 1H level is oscillating narrowly above EMA20 (62.91), with the price declining but open interest stable, indicating it’s not mainly driven by large sell-offs but rather a washout of short-term traders. The 4H level has the price retracing to the recent oscillation zone, near the key support area of 60.66-61.00. The 1H RSI (51.64) has moved out of oversold territory, building momentum for a breakout.
🎯Direction: Long $QNT Long(
⚡Entry/Order: 63.25 - 63.50 (gradually around 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 stop loss to entry price. Trail the remaining position for profit. 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 at 63.10 with 75.2 units of volume, which, once absorbed, could trigger a quick rally. The 1H EMA20 and EMA50 are about to form a golden cross, providing short-term support. (
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