🤖 AI Insight

Based on the provided technical indicators, here is the analysis for QNTUSDT (Quantum AI):

1. Time Frame: 4-hour chart
2. Price: $104.82
3. EMA7: $106.68644310621
4. EMA25: $106.05732168664
5. RSI14: 46.387882821757 (Overbought, indicating a potential reversal)
6. MACD: 1.1159956125754 (Positive crossover, showing an upward trend)
7. Resistance: $111.54
8. Support: $85.52
9. Average Volume: $4751.24809
10. Volume Trend: Decreasing

Advice:
- Wait for the RSI to dip back into the oversold zone (<30) and MACD crossover signal (negative) to confirm a potential downward move before placing a Short trade. Once this happens, consider the lowest resistance as your Short entry price.

- In case you want to go Long (buy), wait for the market to stabilize or show signs of downward momentum weakening. Look for crossovers between the MACD and RSI confirming an upward trend. Your Long entry might be slightly above the mentioned Resistance ($111.54), but within the nearby support ($85.52). Monitor the volume trend and avoid placing a Long trade when the volume increases dramatically; it indicates a push upward that might not last long.

Best Long entry price: Calculate a few minor resistance levels above $111.54 within a reasonable price range and consider purchasing QNT once the market stabilizes or demonstrates a gradual rise. Spot a preferable Long entry price by observing trends, volume, and considering past support and resistance levels.

Best Short entry price: Wait for the mentioned scenarios to indicate a market correction, where the RSI and MACD signal an oversold market or downward momentum weakening. Enter the Short trade slightly above the support ($85.52) but within the nearby resistance ($111.54), ensuring the increased volume is not present, as that would suggest a short-lived upward push. Monitor trends, support/resistance levels, and RSI signals for the short entry price.