Yello, Paradisers! Are you ready for what might be a significant move in #QNTUSDT? Let's look at the latest analysis and see what's happening:
💎Currently, #QNT is compressed within a falling wedge pattern, a classic bullish reversal signal. But what makes us confident in an upcoming breakout? It's the combination of increasing trading volume and improving macro market sentiment.
💎However, there's always a plan B in trading. If #Quant gets rejected at the upper trend line of the wedge, we might see a retest of the major support zone around $61-$64. This level has consistently provided strong support and is rich with liquidity.
💎Should QQNT fail to bounce back from the $61-$64 support, our eyes will be on the next critical level at $54.8. Historically, this level has been a stronghold, and the probability of a rebound here is notably higher.
💎But remember, if #QNT breaks below these key support levels, the bears might take control, potentially leading to a bearish continuation.
Always remember to strive for consistency, not quick profits.
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