Quant ($QNT ) Long Liquidation Alert.

Amount Liquidated: $2,339.8

Liquidation Price: $118.

The crypto market has seen another thrilling liquidation wave.

Long positions on Quant ($QNT ) worth $2,339.8 were liquidated as the price hit $116.98. This highlights the volatility in QNT's price action and reflects a sudden bearish move.

Market Analysis.

Recent Price Movement: A strong rejection around key resistance levels likely triggered a cascading effect, hitting leveraged long traders hard.

Support Levels to Watch: $115 - $117 (near liquidation point), $110 for deeper corrections.

Resistance Levels: $120 - $125, where bears might struggle to maintain control.

Why This Matters.

Liquidations of this magnitude indicate:

1. Market Volatility: A sudden shift in sentiment can trigger leveraged positions to unwind.

2. Weak Longs Cleared: A healthier price foundation may be forming.

3. Opportunity: Traders can look for re-entry at critical support zones or trade breakouts above resistance.

Thrilling Trading Opportunities Ahead.

Buy Zone: $115 - $117 (if it holds as support).

Target 1: $125

Target 2: $135

Stop-Loss: Below $114

Pro Tip: Manage your leverage wisely and keep an eye on $QNT RSI and MACD indicators for potential trend reversals.

Will the bulls make a comeback, or are bears ready for another wave of liquidations.

Stay tuned for more action-packed updates.

#QNT/USDT #BinanceAlphaAlert #SolvProtocolMegadrop #BitcoinInSwissReserves #MicroStrategyStockSale