$QNT short sellers are getting squeezed as liquidations hit around $269.31 and $274.98. This signals strong buying pressure and the possibility of further upside if momentum remains active.
Spot: QNT $269.31–$274.98
Resistance: $278–$282
Next Target: $290, with $300 possible after a confirmed breakout.
Pro Tip: Watch the $275 level closely. A sustained move above this zone could force more short positions to close and accelerate the upside. If QNT fails to hold momentum, a retest toward $270 could follow. The repeated short liquidations show sellers are under pressure, making QNT one of the key assets to watch for the next decisive move.
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