$QNT – Long Liquidation Alert
Liquidation Size: $1.866K
Liquidation Price: $82.20233
Market Insights:
#QNT faced a sudden squeeze leading to a long liquidation, signaling that bullish positions were over-leveraged around $82.2. The market shows strong support around $81-$82, which could serve as a base for potential rebound.
Next Move:
Traders should observe price action near $82. Consolidation above this level may indicate a resumption of bullish momentum. A drop below $81.5 could lead to deeper corrections.
Targets (TG):
TG1: $85.0 – Immediate resistance and short-term profit-taking level.
TG2: $87.5 – Medium-term bullish target, aligns with previous swing highs.
TG3: $90.0 – Strong bullish extension target if market gains momentum.
Strategy:
Aggressive traders can re-enter long positions near $82 with tight stop-loss. Conservative traders may wait for confirmation above $83-$84 to reduce risk.
