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QNT is currently testing the lower boundary of a symmetrical triangle pattern on the 2-day timeframe. What's noteworthy here is that the ascending support line has held strong through multiple touches—this repeated validation suggests accumulation pressure building at lower levels.
The setup looks compelling. If QNT can break above the upper resistance of this triangle, the next leg up could be quite substantial. This is a textbook chart pattern that often precedes significant directional moves. Traders watching QNT should keep this level on their radar closely.