【$QNT Signal】Pullback to Long: 1H Oversold Rebound + 4H Key Support

$QNT The 1H timeframe has entered the oversold zone, RSI has fallen to 36, and the price is testing the lower boundary of the recent dense trading zone. The 4H level finds initial support near the EMA50 moving average (around 64.5), but overall remains in a short-term downtrend channel. Market depth shows buy orders significantly thicker than sell orders, indicating signs of support from major players at key price levels. Open interest remains stable, and combined with negative funding rates, the risk of short squeeze is building.

🎯Direction: Long

⚡Entry/Order: 63.4 - 64.1

🛑Stop Loss: 62.8

🚀Target 1: 65.5

🚀Target 2: 66.8

🛡️Trade Management:

- Execution Strategy: After reaching Target 1, reduce position by 50% and move stop loss to entry price. Hold remaining position for Target 2. If the price retraces to the upper boundary of the entry zone and breaks below, exit all positions.

(Depth Logic: The 1-hour chart shows signs of waning downward momentum, with RSI and price forming a potential bullish divergence. The 4-hour EMA50 is a key support/resistance level; current price is close to it, with dense buy orders below providing strong support. In a negative funding rate environment, short positions become more costly, and a rebound could trigger a short squeeze. The market logic suggests that while prices are falling, open interest remains stable, indicating that major players are not liquidating but rather longs are passively reducing their positions, creating conditions for a rebound. )

View real-time market 👇 $QNT

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