$QNT
This is where the market gets interesting. When the majority is comfortable, opportunities can disappear. When uncertainty increases and strong coins start finding support, the next rotation can begin quietly.
QNT is currently displayed at 64.077, down 4.24 percent over 24 hours, with a market cap around PKR 214.22 billion.
The daily decline deserves attention, but I am not interested in blindly buying weakness. I want to see whether sellers are becoming exhausted around support.
The area around 62.00 to 64.00 is the zone I am watching. If QNT stabilizes here and volume begins increasing on recovery candles, that could suggest buyers are absorbing supply.
The bigger market picture matters as well. A decline in Bitcoin dominance combined with increasing altcoin volume would create a more favorable environment for QNT. Whale movements are another important signal. If larger wallets begin accumulating while price remains near support, the risk and reward profile becomes more interesting.
A reclaim of 66.00 would be an important first step toward rebuilding momentum.
EP: 63.50 to 65.00
TP1: 68.00
TP2: 72.00
TP3: 78.00
SL: 59.50
QNT is currently showing weakness, but weakness near support can become interesting when the market begins rotating.
I am watching the reaction, the volume and the buyers.
I am ready for the move, but confirmation decides the entry.
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