【$QNT Signal】Two-way pending orders, waiting for 1H level direction decision

$QNT The 1H level is oscillating narrowly between 70.5-69.6, at the end of convergence, about to choose a direction. The 4H level remains in a downtrend channel, but the price has approached the EMA50 (69.62) key support. Negative rate (-0.0115%) suggests bearish sentiment, but open interest (OI) is stable. If the price does not break support, a short squeeze rebound may occur. The current price (69.78) is in the middle zone, not suitable for direct entry; wait for a clear breakout signal.

🎯 Direction: Wait and see (Two-way pending orders)

⚡ Long entry pending order: 70.80 (Reason: Stabilize above 1H EMA20 and previous hour high, confirming bullish return)

🛑 Stop loss: 69.50 (Reason: Break below 4H EMA50 and intraday swing low)

🚀 Target 1: 72.50 (Reason: Previous high of the 4H correction cycle)

🚀 Target 2: 74.00 (Reason: Resistance zone at February 15 high)

⚡ Pullback long entry pending order: 69.20 (Reason: Retrace to 4H EMA50 and support zone at February 16 low)

🛑 Stop loss: 68.30 (Reason: Break below recent strong support platform, about 1.5x ATR)

🚀 Target 1: 70.80 (Reason: Breakout entry point, resistance turns support)

🚀 Target 2: 72.50 (Same as above)

🛡️ Trading management:

- Position suggestion: Light position (Reason: Direction unclear, speculative trading)

- Execution strategy: When either pending order is triggered, the other is automatically canceled. After reaching Target 1, reduce position by 50% and move stop loss to entry price. If the price quickly reverses and breaks below entry, exit immediately.

Depth logic: The order book shows that sell pressure above 69.74 is relatively dispersed, while buy orders cluster around 69.5-69.6 (depth imbalance 15.09%), indicating funds are supporting the lower side. The 1H RSI (37.56) is in a neutral-weak zone, with rebound potential. The key game point is whether the price can hold above 69.6 and volume-break through 70.8, which will open short-term rebound space.

Trade here 👇 $QNT

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