Quant ($QNTB ) took the market by surprise with a dizzying 39% rally, placing itself at the top of the prevailing trends.
At CryptoVil, we analyze what’s behind this move and the rules for trading this kind of behavior:
Break of Resistance and Closing Short Positions: The explosive move was accompanied by unusual volume in the spot market, triggering a cascade of liquidations in short positions (shorts) that accelerated the bullish momentum.