QNT’s price has fallen 50.5% from its September 27 peak of $373, dropping below $200 after breaking the $223.50 and $200 support levels. News of the Binance hack, estimated at $6.3 billion, fueled broad selling pressure, contributing to QNT’s decline and Bitcoin’s fall below $80,000. On the daily chart, the $178.80 level represents 61.8% Fibonacci retracement support, while a daily close below $173.50 could open the way to $126. The four-hour chart retains a bullish structure following the break above $212.87, with a $223.50 target and invalidation below $173.56, although technical indicators have not yet confirmed a reversal.
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