QNT Technical Outlook: watch $67.51 break for bull run or $61.71 breakdown

QNT dey show short-term recovery but e still dey inside longer-term downtrend. Price don bounce and e dey hold round the 20-day EMA (~$64–66) after one weekly gain; short-term momentum indicators (RSI ~52, positive MACD histogram) favour a bounce, while medium/long-term indicators (EMA50, EMA200, downtrend channel) still bearish. Key levels to watch: immediate support cluster $61.71–$65.99 (POC/VPVR volume cluster near ~$65–66) and resistances at $67.52 and weekly pivot $70.36. A daily/weekly close above $67.51 (and then $70.36) with volume expansion go validate a bullish scenario targeting higher levels (first targets $80–$87 and extended target ~$87.87/$108 in earlier analysis). If e no hold $61.71 support, e fit risk deeper decline toward $41.72 (or intermediate targets $63.84/$65 and $65.32 in earlier notes). Volume confirmation and Bitcoin direction (high BTC correlation; watch BTC resistance near $68–74k) dey critical for conviction — VPVR show high-volume node near $72–75/POC ~$73.50 in earlier reads, warning say weak-volume breakouts fit fail. Tactical guidance for traders: consider long only on confirmed breakout above $67.52–$67.51 with clear volume and use EMA20 or $65.98–$65.99 as trailing/protective stops; alternatively, consider short exposure on breakdown below $65.98–$61.71 with stops placed above $67.51. Maintain strict risk management (small position sizing, 1–2% risk, trailing stops) and monitor BTC action and on-chain/news flow. This unified view emphasise short-term neutral-to-bullish bias but medium/long-term bearish structure — trade confirmation required. Not financial advice.