$QNT Signal】Pullback to buy! 1H pullback confirmation, 4H trend support, obvious signs of main force defending the market



$QNT The 1H timeframe is oscillating near the critical EMA20 moving average. After the price retreated from the high of 76.06, it found initial support in the 73.7-74.0 range. Looking at the 4H timeframe, the price remains above EMA20 (71.08) and EMA50 (69.30), and the overall upward trend has not been broken. Currently, the 1H RSI (54.77) is in a neutral to slightly strong zone, gathering strength for another push higher. Market depth shows sell orders stacking above 74.0, but buy orders (73.7-73.8) below are dense, open interest is stable, funding rates are healthy, and signs of main force defending the market are clear.

🎯Direction: Long (Long)

🎯Entry/Order: 73.70 - 73.85 (Reason: 1H EMA20 support zone & dense buy orders in the order book )

🛑Stop Loss: 72.90 (Reason: Break below previous 1H candle low & key support at 4H EMA50 )

🚀Target 1: 75.20 (Reason: Resistance at previous 1H high )

🚀Target 2: 76.50 (Reason: Extension of previous 4H high & 1.382 Fibonacci extension level )

🛡️Trade Management:

- Position suggestion: Standard position (Reason: 4H trend is upward, 1H pullback is in place, risk-reward ratio >1.5 )

- Execution strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry point (73.85). If the price strongly breaks above 75.50, consider raising the remaining target to 77.50.

Depth logic: Over the past 24 hours, price has risen with increased volume. Market logic suggests combining open interest analysis. Currently, open interest remains stable, with no panic selling during price declines, indicating confidence among holders. The 1H buy-side depth imbalance is -7.03%, showing slightly more selling pressure than buying, but the price has not fallen sharply, indicating a healthy pullback. The 4H RSI (65.21) still has room to rise. Coupled with stabilization signals on the 1H, this is a typical trend pullback buying opportunity.

Trade here 👇 $QNT

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