$QNT just broke its 7-day low.
It's at $173.96 now, down 4.12% in 24 hours. It pushed below the old 24-hour low of $174.23, after trading as high as $184.15 in the same stretch.
Volume is $6.01M in 24 hours. Open interest is $19.79M, up 6.34% while the price falls. Funding sits at -0.0276%.
Price down, open interest up — that usually means new shorts piling in, not longs closing out.
Is this the bottom, or does it keep sliding from here?
#QNT #Crypto
It's at $173.96 now, down 4.12% in 24 hours. It pushed below the old 24-hour low of $174.23, after trading as high as $184.15 in the same stretch.
Volume is $6.01M in 24 hours. Open interest is $19.79M, up 6.34% while the price falls. Funding sits at -0.0276%.
Price down, open interest up — that usually means new shorts piling in, not longs closing out.
Is this the bottom, or does it keep sliding from here?
#QNT #Crypto
