$QTUM remains under bearish pressure after a strong sell-off from the 1.27 area, forming clear lower highs and lower lows. Price is now consolidating, signaling a potential volatility expansion ahead.
đ Key Levels
Support: 1.03 â 1.00
Major Support: 0.98 (liquidity sweep low)
Resistance: 1.095 â 1.11
Strong Resistance: 1.15 â 1.16
đ Market Bias
Overall structure: Bearish
Current price action: Range-bound after dump
Expect fake breakouts inside the range
đŽ Short Setup (Trend-Following)
Entry: 1.095 â 1.11
Stop Loss: Above 1.125
Targets: 1.05 â 1.02 â 0.98
đą Long Setup (Scalp Only)
Entry: 1.00 â 1.03
Stop Loss: Below 0.98
Targets: 1.08 â 1.10
đ§ Insight This consolidation looks more like bearish continuation rather than accumulation.
QTUMUSDT
Perp
0.982
-2.67%