Following its recent award, Quant (QNT) saw a 1% increase, reflecting a growing optimistic sentiment in the market. The QNT Open Interest surged, suggesting increased buying activity.
Technical analysis indicates a forming morning star pattern, hinting at a bullish reversal. A positive close could lead QNT to retest the $100 psychological threshold.
Despite a decline of 26% in June, current activity points to reduced bearish trends. Liquidation data shows long liquidations of $67,000, indicating market volatility.
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