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CryptoPAMM
Apr 11, 2024 8:17 PM

Quant (QNTUSDT) Anticipating an Upside Move Long

QNT / TetherUSBinance

Description

QNTUSDT has demonstrated consistent adherence to the uptrend trendline, coupled with robust support near the $110 level. Despite recent daily downward spikes, each instance has been met with a resilient bounce off the $110 support zone, indicative of strong bullish defense.

This price action substantially bolsters the likelihood of an uptrend continuation for QNTUSDT. Consequently, we anticipate a move to the upside, targeting the 161.8% Fibonacci resistance level at $173. Investors should monitor QNTUSDT closely for further developments as it navigates this potential upward trajectory.
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