【$QNT Signal】Oversold Rebound Sniping! 1H RSI Extremely Oversold, Waiting for a Reversal Signal

$QNT The 1H timeframe is experiencing panic selling, with RSI dropping to 22.88 in the extreme oversold zone. Price has broken below all short-term moving averages. The 4H timeframe shows a clear downtrend channel, but open interest (OI) remains stable, with no signs of large-scale long liquidation, suggesting that the main force may not have fully exited. Currently, the price is consolidating around 62.2, marking the first pause after a sharp intraday decline. We need to wait for a clear reversal candlestick signal.

🎯Direction: Watchful (Pending Orders ) - Waiting for a rebound signal

⚡Order Strategy:

1. Aggressive Entry: $61.80 - $62.00 (Reason: Previous support zone, 1H ATR lower band )

2. Breakout Chase Long: Hold steady above $63.20 (Reason: 1H EMA20 resistance and previous small platform )

🛑Stop Loss: $60.50 (Reason: Break below intraday low, downside potential opens )

🚀Target 1: $64.50 (Reason: 1H EMA50 and 4H candlestick resistance )

🚀Target 2: $65.80 (Reason: 4H previous high and Fibonacci 0.382 retracement level )

🛡️Trade Management:

- Position Size: Light (Reason: The trend is still downward; rebound is a contrarian play with higher risk )

- Execution Strategy: If the entry order is triggered, reduce position by 70% after reaching Target 1, and move the remaining stop loss to the entry point. If a breakout order is triggered, move the stop loss below the breakout level.

Deep Logic: Despite the price plummeting, OI remains stable, which does not align with typical main force distribution behavior. It looks more like market panic selling. The 1H RSI is severely oversold, indicating a technical rebound is likely. The order book shows sell orders accumulating around 62.3-62.4. A volume breakout above this zone would confirm the start of a short-term rebound. Negative funding rates suggest crowded shorts, and any positive news could trigger a short squeeze.

View real-time market 👇 $QNT

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