$QNT Signal】1H level consolidation with decreasing volume, waiting for trend confirmation, dual-side pending orders lurking



$QNT The 1H level is consolidating with decreasing volume around 66.5, with the price suppressed below EMA20 (66.66), indicating insufficient short-term momentum. The 4H level remains in a downtrend channel, but after finding support near 65.9 (previous low), it rebounded, forming a potential double bottom pattern. Current open interest remains stable, the price has declined but did not trigger large-scale liquidations, suggesting selling pressure may be weakening. The order book shows buy-side depth (24.66% imbalance) significantly stronger than sell-side, indicating major players may be defending below. This is a typical convergence end, about to choose a direction.

🎯 Direction: Wait and see (dual-side pending orders)

🎯 Entry/Pending Orders:

- Long trigger: Price breaks above and stabilizes at 66.85 ( Reason: 1H EMA20 resistance + previous 1H high )

- Short trigger: Price falls below 66.00 ( Reason: Breaks below intraday consolidation zone + tests previous low 65.9 support )

🛑 Stop Loss:

- Long position: 65.50 ( Reason: Breaks below previous low 65.9 and 4H double bottom structure )

- Short position: 67.30 ( Reason: Breaks above recent 4H rebound high )

🚀 Target 1:

- Long: 68.20 ( Reason: 4H EMA50 resistance and previous rebound high )

- Short: 65.00 ( Reason: Psychological level and lower boundary of previous dense trading zone )

🚀 Target 2:

- Long: 69.50 ( Reason: 1.618 Fibonacci extension level )

- Short: 63.80 ( Reason: Support near February 5 low )

🛡️ Trading Management:

- Position size suggestion: Light ( Reason: Trend is unclear, belongs to breakout game, higher risk )

- Execution strategy: After any side’s pending order is filled, if the price moves favorably by 1x ATR (about $1.4), immediately move stop loss to entry price (break-even). After reaching Target 1, reduce position by 50%, and trail stop for the remaining position.

Depth logic: The current market is in a fragile balance between bulls and bears. The 1H RSI (45.74) is in a neutral to weak zone, with no clear divergence. The key point is order book depth: buy orders are significantly stacked (64.9 buy orders at 66.36), indicating large funds are defending below, reducing the risk of a sudden plunge. If the price can volume-break above 66.85, it will confirm the reversal of the 1H downtrend, likely rebounding toward 4H resistance. Conversely, if it falls below 66.0, it will confirm consolidation failure, and bears will test lower support again. Stable open interest indicates this is not panic selling but orderly turnover or accumulation.

Check real-time quotes 👇 $QNT

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Yunnavip
· 6h ago
Diamond Hands 💎
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