Yesterday I posted a level and it got fulfilled: the 01-10 break was a sweep. QNT rose 9.69% to $278.34 and then gave back almost everything within an hour.

28 of the last 31 hourly candles closed above $252.38, and the high was $278.34: just 0.11% above the map’s 100% zone. From there it reversed 13.30% in an hour, down to $241.31.

And the move wasn’t only price. Open interest had been rising all day, up to 214,483 contracts, and during the sweep hour it dropped 4.47% all at once. The positions that pushed price up to $278.34 were closed in the same move.

Funding ended at -0.3472%, the most negative of the last 200 contract funding payments: the last 10 were all negative, when in that history only 22% were negative. A short pays about 1% per day. That doesn’t tell you where price is going: today the short paid and gained 13% in an hour.

The order book swelled to $3.28 million with daily volume of $370.2 million: 113 rotations per day and 4.50% coverage. Yesterday it was 230, with a book of $2.04 million.

My read: the map already swept its 100% zone and didn’t break it, and the next two closest zones are the weakest (27% and 19%). If it closes above $257.75 with OI rising, the map points back to $278.04. If it closes below $250.29 with OI rising, the next floor is $242.59.

FUTURES PANEL QNTUSDT
· $254.02 (-1.64%) · Real range 24h $241.31 - $278.34
· OI 201.406 QNT ($51M) +10.78% 24h
· Funding -0.3472% projected, -0.3390% settled
· Longs/shorts 54.3% / 45.7%, coming from 51.9%
· Top traders, position 58.5% long, coming from 57.6%
· Taker buy/sell 1.05 average 24h

ZONES
BELOW - longs get liquidated
$252.86 · -0.46% · 19%
$250.29 · -1.47% · 39%
$242.59 · -4.50% · 58%
$230.00 · -9.46% · 77%
ABOVE - shorts get liquidated
$255.18 · +0.46% · 27%
$257.75 · +1.47% · 51%
$265.45 · +4.50% · 75%
$278.04 · +9.46% · 100%

Follow me: each number has its source.
#QNT $QNT

Data: Binance API, 04-10-2026. Estimated zones. Not financial advice. DYOR.