️$QNT remained in the global paradigm
On the weekly timeframe, Quant coin, despite the general state of the market, remains in its own paradigm. We are going to analyze it.
Since 2022, the price has been moving in consolidation between the levels of ~$58 and ~$150. This wide sidewall is slightly clamped by two global trendlines.
Now we see the coin rebounding from the lower boundary of this accumulation and moving towards its middle, which is represented by the mirror zone at ~$87 and ~$100 levels. This is the first and most localized upside target, which also intersects with the 50-week EMA.