Quant’s Explosive Rally Fuels Crypto Bull Run as $103 Becomes Key Target

Quant's parabolic surge ignites bullish frenzy across digital asset markets

The $103 Threshold: Make or Break Moment

Traders scramble as Quant defies market gravity, posting consecutive green candles that would make traditional finance analysts clutch their pearls. The cryptocurrency's relentless ascent triggers algorithmic buying programs and FOMO among retail investors alike.

Technical Breakout Confirms Strength

Breaking through multiple resistance levels like they're regulatory hurdles at a crypto conference. Volume spikes suggest institutional money finally waking up to what retail traders knew months ago—unless this is just another 'smart money' pump before the inevitable dump.

The $103 level now represents more than just a price target—it's become the psychological battleground where bulls and bears will determine the next major market move. Because nothing says sustainable growth like traders obsessing over arbitrary round numbers.

TLDR

• QNT price climbs 6%, with futures open interest up 7% to $29.13M.
• Liquidity concentration around $103 could act as a key price magnet.
• Chaikin Money Flow indicator rising to 0.02 signals increasing buy-side pressure.
• QNT price could target $107.68 if momentum holds above $101.87.

Quant’s native token, QNT, has seen a strong 6% price increase, sparking a fresh wave of bullish activity. As the broader cryptocurrency market struggles, QNT has gained attention for its solid performance. Traders have shown growing confidence in the token, as evidenced by a 7% rise in futures open interest, signaling an influx of new capital into the market. This surge in QNT’s price is accompanied by increasing on-chain data suggesting the possibility of further upside movement in the near term.

Futures Open Interest and Increased Trader Confidence

The rally in QNT’s price comes alongside an uptick in futures open interest, which currently stands at $29.13 million. This marks a 7% increase over the past 24 hours, showing that traders are increasingly entering new positions rather than closing existing ones.

Futures open interest measures the total number of outstanding contracts and acts as an indicator of market participation and activity. Rising open interest, when paired with price increases, points to growing confidence in the current trend.

As more traders enter the market, there is a strengthening of the bullish case for QNT. This confidence is reflected in the token’s price action, and many are watching to see if the momentum can be sustained in the coming sessions. If the trend continues, further upside may be possible, with key levels of resistance at $101.87 and $107.68.

Liquidity Clusters and the $103 Price Magnet

One important factor drawing attention is the liquidity concentration identified through QNT’s liquidation heatmap. The heatmap reveals a strong cluster of liquidity just above current price levels, around $103. This concentration of orders suggests that QNT may be drawn toward this area if the upward momentum continues. Traders often view such liquidity clusters as price magnets, where increased activity around these zones can lead to price movements in the direction of the cluster.

Liquidation heatmaps show areas where Leveraged positions are most likely to be liquidated, often acting as strong signals for price movements. The liquidity near $103 is attracting both spot and futures market players, which could further fuel QNT’s bullish momentum. However, should the price fail to break through resistance or lose its current upward trajectory, there could be a pullback toward lower levels.

Chaikin Money FLOW Indicator Suggests Growing Buy-Side Pressure

The Chaikin Money Flow (CMF) indicator is showing upward momentum, currently standing at 0.02. This indicator tracks the flow of capital into or out of an asset, considering both price and volume. A rising CMF suggests that buy-side pressure is increasing, and more capital is flowing into the market. This trend reinforces the case for sustained bullish movement in QNT.

If the demand continues, QNT could break through the resistance level at $101.87 and potentially target the next resistance at $107.68. However, if the upward momentum fades or broader market weakness takes hold, the price could pull back. In such a case, QNT may fall toward lower support levels, including $85.37.

The Path Ahead for QNT

The current technical setup suggests that QNT is in a strong position for further upside, assuming the buying pressure remains intact. The combination of growing futures open interest, a liquidity concentration NEAR $103, and the rising CMF indicator provides a solid foundation for continued bullish action.

However, the market remains dynamic, and the price could reverse if broader conditions change or if traders take profits. For now, all eyes are on the $103 liquidity zone as QNT’s next MOVE is keenly anticipated.