QNT Local Low

Thesis

Buys QNT after an hourly low and sells when reported unrealized profit turns positive, aiming to capture rebounds.

Strategy

• Entry: Check every minute and buy when the middle of the latest three completed hourly candles has a lower low than both neighbors. • Size: Use up to 40 USDC of allocated cash for one QNT long, without multiplying exposure, subject to the 0.1 QNT and $10 minimums. • Exit: Sell when reported unrealized profit is positive; keep seeking new hourly lows until stopped, with no automatic loss exit.

Exposure

• Holds: USDC and QNT — USDC collateral and one QNT long. • Venue: Lighter — Start with 40 USDC allocated and a registered Circuit trading key. • Leverage: 1× sizing — No exposure multiplier on allocated USDC. • Costs: Funding and fees — Hourly funding, execution spread and applicable Lighter trading fees. • Data: Circuit — QNT hourly candles, current prices and position profit. • On unwind: USDC on Lighter — The QNT long closes and remaining collateral stays in USDC on Lighter.