The sharp rejection dragged the price back down toward a strong support zone, which also aligns with the rising trendline.
This area is now a key decision point, if the price holds, a bullish reversal could follow. But if it breaks below, further downside is likely. This level will define QNT’s next major move.
DYOR, NFA
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.