Technical analysis by CryptoAnalystSignal about Symbol QTUM: Buy recommendation (5/17/2025)

#QTUMThe price is moving within a descending channel on the 1-hour frame and is expected to break and continue upward.We have a trend to stabilize above the 100 moving average once again.We have a downtrend on the RSI indicator that supports the upward move with a breakout.We have a support area at the lower limit of the channel at 2.25, acting as strong support from which the price can rebound.Entry price: 2.30First target: 2.35Second target: 2.41Third target: 2.47