🔎 Quant (QNT) Price Analysis — May 2025 Update
Quant has reclaimed attention with a significant breakout above key resistance levels. Here’s the current technical outlook:
Chart Insights:
✅ Price has broken above the strong $80 resistance zone, which contained the 200 EMA, 7-day, and 90-day rolling VWAPs — indicating a real shift in momentum.
✅ Volume surged during the breakout, adding conviction to this move.
✅ Current resistance is near the yearly rolling VWAP and POC around $92-$96, which capped the recent rally.
✅ Support now lies firmly between $78-$82, backed by multiple indicators (rolling VWAPs, fair value gap, 0.302 Fib).
Trading Plan:
Entry Zone (Buy Dip): $80 - $82
Targets:
🎯 Target 1: $90
🎯 Target 2: $96 (Value area high)
🎯 Target 3: $100+ (if breakout extends)
Stop Loss: Below $77 (loss of key support invalidates bullish structure)
Bias: Bullish continuation as long as $78-$80 holds. A bounce from this zone is expected before a retest of $92-$96.