QNT drops by more than 40% from today’s peak
Quant ($QNT ) saw one of the most volatile market sessions, after it climbed to levels near $360 before being hit by a sharp sell-off.
The movement highlights the size of the risk when an asset rises by more than 88% in a single day, then enters a strong profit-taking phase.
The most important lesson:
Not every strong rally means the rally will continue. After these moves, risk management and waiting for price stabilization matter more than chasing the candles.
#QNTFallsOver40%FromMorningHigh