$QNT is pressing back into the mid $70s, but the bigger story is where liquidity is stacked. We’re seeing heavier resting bids still sitting lower on the book, which suggests downside demand remains parked beneath price while upside liquidity looks thinner near current levels. That usually means this range is still searching for conviction, not resolution. Spot CVD also isn’t screaming strength here. Price pushed, but participation looks more measured than aggressive. Legacy charts show candles. Orderbooks show intent. Watch how liquidity gets repositioned around this zone. That’s where the real signal is.