$QTUM M Idea (4H Chart)

▶️ Entry Zone: 1.900 - 1.950

🛑 Stop Loss: 1.750 (Below recent low)

🎯 Take Profit 1: 2.231 (24h High)

🎯 Take Profit 2: 2.500 (Previous support turned resistance)

Analysis:

* Price is currently below all EMAs (7, 25, 99), indicating a strong bearish trend.

* Recent price action shows a sharp decline, with a potential oversold bounce.

* RSI(14) at 20.062 is deeply oversold, suggesting a potential short-term reversal.

* MACD is negative and below the signal line, but extremely oversold.

* 24h loss of 14.38% with moderate volume (1.32M QTUM) indicates strong selling pressure.

QTUM/USDT has experienced a significant drop and is showing extremely oversold conditions. This could present a high-risk, high-reward opportunity for a quick bounce trade. However, the overall trend remains heavily bearish, and any long position should be considered very risky.

Caution:

* This is a high-risk trade idea based on oversold conditions.

* The overall trend is still bearish, and price could continue to fall.

* Use very strict risk management if attempting this trade.

* Consider waiting for signs of reversal before entering.

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