$QNT | Range Support Holding, Upside Rotation Possible
Price is holding within a clear 1-hour range between $68 support** and **$71 resistance. The recent sweep below $68 and swift reclaim suggests a liquidity grab and buyer interest, with a higher low forming near support indicating accumulation. A break above **$71** could trigger momentum toward higher liquidity zones.
Entry Zone: 68.20 – 69.20
Stop Loss: 66.80 (below range support)
Take Profit Targets: 71.00 / 73.50 / 76.00
Key Levels:
· Support / Range Low: 68.00 – 68.20
· Resistance / Range High: 71.00
· Expansion Targets: 73.50, 76.00
· Invalidation: Loss of 66.80 support
Debate: Will QNT break above $71 and expand higher, or remain range-bound?
Strategy: Consider long positions on a bounce from support within the entry zone, confirming accumulation holds. A breakout above $71 with volume could serve as a momentum entry.
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