🔥 #QNT remains within its global paradigm
In the weekly time frame, the Quant coin, despite the general state of the market, continues to move within its own paradigm. Let's analyze it.
Since 2022, the price has been moving in a consolidation between the levels of ~$58 and ~$150. This wide lateral range is slightly defined by two global trend lines.
Currently, we see that the coin is bouncing from the lower limit of this accumulation and heading towards its midpoint, represented by the mirror zone at the levels of ~$87 and ~$100. This is the first upward and more localized target, which also coincides with the 50-week EMA.
I hope the upward movement continues towards the upper limit of the consolidation 📈.
