【$QNT Signal】Long - 1H breakout retest confirmation, signs of main force supporting the market

$QNT The 1H timeframe is consolidating strongly above the EMA20, with the price stabilizing above the key level of 63.0. Although the 4H timeframe is in consolidation, the 1H structure indicates bullish control, with open interest stable under negative funding rates, suggesting potential short squeeze. The current price is close to the 1H EMA20, making it an excellent opportunity for a low-entry buy.

🎯Direction: Long (Long)

⚡Entry/Order: 62.80 - 63.36

🛑Stop Loss: 61.80

🚀Target 1: 65.50

🚀Target 2: 67.20

🛡️Trade Management:

- Execution Strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss up to the entry price. Trail the remaining position with a take profit. Exit all if the 1H closes below EMA20.

(Depth Logic: The 1H RSI(56.05) is healthy with room to move higher. The order book depth shows buy orders significantly outweigh sell orders(imbalance 8.22%), indicating strong support below. Negative funding rate(-0.0109%) combined with firm price action suggests short squeeze risk. The 4H timeframe is oscillating between 62.0 and 64.5; a breakout above the upper boundary could open up space.)

Check real-time market 👇 $QNT

---

Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL