Markets· ★★· bearish·

QNT drops 13% after 156% weekly rally

  • —QNT trades at $253.42, down 13.3% from its $292.03 open
  • —Weekly gain of 155.82%, monthly gain of 292.27%
  • —Volume/market cap at 13.16% vs 5.45% average
  • —RSI at 75.3 signals overbought, MACD still bullish
Why it matters: Sharp profit-taking after a parabolic run: holding the $225.86 support will decide whether this is a pause or a deeper reversal.
Source: DiarioBitcoin