QNT Squeeze Tightens, Breakout or Breakdown?

QNT is approaching a breakout zone

The price is respecting an ascending trendline while also moving toward a key resistance level near $118. If QNT breaks above this resistance, it could open the path toward the $125–$135 range. Until then, the structure is compressing between the diagonal support and descending resistance.

A retest of the $114–$116 zone might act as a launchpad. But if QNT breaks below the trendline, downside risk could increase toward $104.

For now, price action is leaning bullish as long as higher lows continue to form.
DYOR, NFA
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