🚹 $QNT Short Trade Update — Risk-Free Zone Locked

$QNT short from the 66.80–67.80 supply zone is playing out cleanly.

Filled entry: 66.47 → Current price ~65.52 shows strong follow-through after rejection, confirming seller dominance in this range.

Position Status:

✔ Trade in profit

✔ Structure respecting lower highs

✔ Momentum still leaning bearish on LTF

🔒 Risk Management Update

Move Stop Loss to: 66.47 (Break-Even)

This locks the trade risk to zero while keeping downside exposure open.

🎯 Targets (Active):

TP1: 66.00 (near liquidity)

TP2: 65.20 (next demand test)

Market Read:

The move down is not impulsive panic selling — it’s controlled distribution with steady pressure. That usually favors continuation rather than sharp reversal unless buyers reclaim 66.8+ with strength.

Smart Play:

Secure partial profits near TP1 and trail the stop after TP2 if momentum stays heavy.

No need to over-manage — let the trend do the work while capital stays protected. 📉

QNT
QNTUSDT
65.7
-1.61%

#PEPEBrokeThroughDowntrendLine #OpenClawFounderJoinsOpenAI #TradeCryptosOnX