- QNT forms a tightening structure under its descending trendline as buyers steadily add pressure, signalling a possible shift in short-term market direction.
- Price action shows reduced downside follow-through and stronger lower wicks, indicating seller exhaustion and increasing interest from buyers near the trendline.
- A clean break and defended retest above the trendline could open a fast path toward $79 and $82 as liquidity builds overhead.
QNT price analysis shows the asset trading in a compressed structure as it moves directly beneath a key descending trendline. Market participants are watching this area closely as price action continues to tighten inside the channel.
Market Structure Tightens as Buyers Apply Pressure
Analyst Marcus Corvinus noted that QNT is pressing under the upper boundary of its descending channel. He stated that this setup often precedes fast shifts in momentum. According to his review, sellers are losing control as each recent low prints weaker downside follow-through.
Price action also shows repeated downside wicks developing near the trendline. This pattern often reflects consistent buy-side pressure forming at the base. Corvinus added that this type of structure tends to compress liquidity before a sharp move occurs.
The market has been sliding within a clean channel defined by a red resistance line and a green support line. The intersection of compression and trendline resistance is viewed as a zone where expansion often develops.
Liquidity Conditions Build Near the Upper Trendline
Corvinus explained that liquidity above the trendline is critical because short positions cluster in that area. A clean break would trigger automatic buying as stop orders activate, creating additional upward pressure. This activity commonly drives rapid movement once price escapes compression.
QNT has also shown behavior resembling a higher-timeframe “spring,” where price grinds upward from channel support. The current positioning suggests buyers are attempting to shift control after a long decline. The reaction to the first breakout attempt becomes the key signal for directional continuation.
A defended retest after a breakout remains the main confirmation level for traders monitoring structure. Many market participants focus on a candle close above the trendline followed by a stable bounce from prior resistance.
Key Price Levels Shape the Short-Term Outlook
The analyst referenced four upside zones. The first area near $79.12 acts as early resistance and a possible retest region. If price converts this level into support, momentum may strengthen as the structure resets.
The next cluster sits around $82.64. This level often attracts liquidity and may serve as the initial fast-move objective if a breakout unfolds. Market participants expect increased activity once this zone is challenged.
Further upside levels include $87.46 as a structural block and $94.15 as an extended target. These areas would require sustained buyer control and improved response after QNT breaks above the trendline.
