The $1.02K short liquidation at $102.26 suggests strong buying pressure through the $100–$102 area. After a sharp expansion, the cleaner setup is a controlled retest rather than chasing price.
Entry Zone: $99.80 – $102.30
Stop Loss: $96.80
Take Profit:
TP1: $105.50
TP2: $109.00
TP3: $113.00
Support: $100.00 / $97.00
Resistance: $105.50 / $109.00
Trade Map: A successful hold above $100 would keep the short-term bullish structure intact. Increasing volume on a move back above $102.30 would support continuation.
Invalidation: A decisive break below $96.80 cancels the long idea.
Given QNT's recent volatility, wait for price confirmation before entering.
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