QNT/USDT — Weekly Demand Zone: Major Rebound or Breakdown Ahead?QNT is currently retesting a historical demand zone in the range of $89.76 – $97.77 (Fibonacci 0.5–0.618 confluence). This level has repeatedly acted as a strong pivot point since 2022, and now the market faces yet another decisive moment.
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🔎 Technical Analysis
Long-Term Trend: Since topping around ~$432, QNT has been in a broader downtrend forming lower highs. However, since 2023 the market has shifted into a sideways accumulation phase above the $80–$100 range.
Key Zone: The highlighted yellow zone ($89.76 – $97.77) is a pivotal demand area. Holding this level could trigger a strong rebound, but a breakdown below would expose much lower targets.
Nearest Resistances: $118.76 → $137.10 → $161.96 → $193.54
Extreme Supports: $70.00 → $40.82
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✅ Bullish Scenario
Confirmation: A strong weekly close above the demand zone, followed by bullish continuation candles with volume.
Stage 1 Target: $118.76 (≈ +32% upside from $89.76)
Stage 2 Targets: $137.10 → $161.96 → $193.54 if momentum accelerates.
Pattern Outlook: Potential double bottom / re-accumulation structure on the weekly timeframe, waiting for breakout confirmation above key resistance.
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⚠️ Bearish Scenario
Risk: A weekly close below $89.76 (0.618 Fib) would confirm breakdown of the demand zone.
Downside Targets: $70.00 as the next support, with a potential retest of the historical low at $40.82 if bearish pressure intensifies.
Pattern Outlook: A breakdown here could trigger long liquidation cascades and accelerate the bearish trend.
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📌 Setup & Risk Management
Aggressive Entry: Scale in within the $89–$98 range, but only with daily/weekly bullish confirmation (pin bar / engulfing close).
Conservative Entry: Wait for a confirmed breakout + weekly close above $118.76 to validate trend reversal.
Stop Loss: Below $84 (under the 0.618 Fib + historical wick support).
Risk-to-Reward Example: Entry $94, stop $84, target $118.76 → R:R ≈ 2.48 : 1.
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🎯 Conclusion
The $89.76 – $97.77 demand zone is the make-or-break level for QNT in the mid-term outlook:
Hold → potential rebound rally towards $118–$193.
Break → bearish continuation likely, with targets down to $70 or even $40.
QNT is at a critical crossroads: will this demand zone once again spark a rally, or will it finally give way to a deeper breakdown?
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