Bulls at a crucial point as QQQ price hovers at $712.02, with a potential drop to $705. Fed rate-hike risk rising.
Unusual Whales
The tokenized price of QQQ is currently at $712.02, showing a significant discount compared to its closing price on the traditional exchange. There is no significant momentum and there is growing concern about the potential for a Fed rate hike. The price needs to rise above $716 to avoid further losses.