Breaking: $QNT Short Liquidation Sends Shockwaves!
A notable $1.2685K short position has been liquidated at $118.54673, hinting at a shift in momentum.
This liquidation could fuel bullish confidence, paving the way for more upside action.
Key Details:
Liquidation Level: $118.54673
Liquidation Value: $1.2685K
Market Sentiment: Bulls gaining traction as shorts face mounting pressure.
Next Move:
Resistance to Watch: $120.50 – A breakout above this level could spark an aggressive rally.
Support to Monitor: $116.50 – A dip below this level may invite further selling pressure.
Suggested Stop Loss:
For Longs: Below $116.50 to protect against sudden reversals.
For Shorts: Above $120.50 to mitigate risk from a potential breakout.
The $QNT market is poised for volatility—stay vigilant for major price swings ahead!