# QNTX

#QNTX Data analysis from Aice100 shows that when $QNTX price is around $56.1, the 24-hour price change is +1.41%.
My understanding is that the short-term trend is slightly upward, but the magnitude is not large, indicating a testing phase.
However, I should mention that large holders hold 82% of the long positions, indicating a relatively high allocation. The funding rate is +0.126%, suggesting bullish sentiment is somewhat heated. While the strength is there, if key levels are broken, caution is advised.
As long as support around $54.6975 remains, $57.783 will be the next observation point.

#QNTX $QNTX Current price $64.02, 24h -34.66%.
To put it simply, the short-term continues to decline, and the bearish trend is likely to persist.
But we also can't ignore that the large investors' long and short positions are at 72:28, clearly leaning bullish. The funding rate is +0.029%, indicating heated bullish sentiment. If the support below doesn't hold, the weakness could spread.
$62.0994 must not be broken; breaking it would increase the risk of further decline. $65.6205 is the first level to recover.