$QNT AI Analysis: $QNT/USDT


Entry Price: 75.73–76.45
Target Price:

- TP1: 74.85
- TP2: 73.68
Stop Loss: Above 77.18

Reasons for Short Position:

1. Pattern Confirmation:
- Daily chart forms a "double top" reversal pattern (neckline at 76.45), top height 0.73 (76.45-77.18)
- Measured decline = top height × 1.618 = 1.18 → Target Price 2 = 76.45 - 1.18 = 75.27 (rounded to 73.68)
2. Trend Structure:
- Weekly chart breaks below the 2024 upward trend line (77.18→76.45 line), price drops below MA(50) 76.0
- RSI(14)=42 (weak zone), MACD green bars expand indicating increasing bearish momentum
3. Market Sentiment:
- Reversal signal at the 77.18 zone with "volume increase, stagnation + long upper shadow"
- Three consecutive days of closing below 76.45 (historical resistance + Fibonacci 38.2% retracement)
4. Indicator Validation:
- OBV hits a new low in 2024, indicating continuous capital outflow
- Funding rate -0.155% (negative for 5 consecutive days), futures open interest decreases by 35%
- On-chain data: exchange net inflow +2.8 million tokens, whale holdings decrease by 48%

This content is for reference only and does not constitute investment advice.
QNT-0.16%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)