QTUM/USDT Double top keep on eye! Could Break the resistance ??
💎 QTUM has been a notable focus in the financial market, consistently encountering challenges at a key resistance area. In recent days, QTUM again attempted to break through this resistance but was met with a substantial bearish rejection.
💎 Currently positioned at the range support area, QTUM needs to demonstrate a strong bounce to revisit and potentially break through the resistance. A successful breach of this resistance, probability could lead QTUM towards a significant resistance area.
💎 However, if QTUM fails to respond positively at the support level, meaning it doesn't rebound and instead breaks below this support, it could confirm a double top pattern. This pattern's validation would point to a bearish trajectory for QTUM, with the target likely set in the Bullish OB area.
💎 Currently positioned at the range support area, QTUM needs to demonstrate a strong bounce to revisit and potentially break through the resistance. A successful breach of this resistance, probability could lead QTUM towards a significant resistance area.
💎 However, if QTUM fails to respond positively at the support level, meaning it doesn't rebound and instead breaks below this support, it could confirm a double top pattern. This pattern's validation would point to a bearish trajectory for QTUM, with the target likely set in the Bullish OB area.
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