$QNT / USDT – Short Liquidations Highlight Potential Upside Pressure
QNT saw a $4.455K short liquidation at $219.45936. Forced closures among bearish traders can contribute to upward momentum, particularly if buyers continue to enter the market. However, the liquidation alone does not confirm a sustained breakout.
Potential Entry Zone: $218.00–$220.00
Upside Targets: $222.00 / $225.00
Downside Targets: $216.50 / $213.50
Protective Stop-Loss: Below $216.00 for a long setup
Short-Term Bias: Cautiously bullish
If QNT holds above $219.45 and breaks nearby resistance, buyers may attempt another leg higher. A drop below support would weaken the bullish outlook.
#EarningsSeason
#BinancePick
#ElectrumWalletBugLetRogueServersStealFunds
QNT saw a $4.455K short liquidation at $219.45936. Forced closures among bearish traders can contribute to upward momentum, particularly if buyers continue to enter the market. However, the liquidation alone does not confirm a sustained breakout.
Potential Entry Zone: $218.00–$220.00
Upside Targets: $222.00 / $225.00
Downside Targets: $216.50 / $213.50
Protective Stop-Loss: Below $216.00 for a long setup
Short-Term Bias: Cautiously bullish
If QNT holds above $219.45 and breaks nearby resistance, buyers may attempt another leg higher. A drop below support would weaken the bullish outlook.
#EarningsSeason
#BinancePick
#ElectrumWalletBugLetRogueServersStealFunds