Quantum Fusion struggles to reclaim the $0.7906 resistance, with price holding above $0.7015 support.
24-hour price decline of 9.7% keeps the market range-bound between $0.7015 support and $0.7772 resistance.
Failed breakout at the descending trendline suggests short-term uncertainty, despite holding key horizontal levels.
Quantum Fusion (QF) is engaging in a battle of destiny at a key price point. The asset, trading at $0.7021, experienced a steep 9.7% decline within the 24 hours. The move comes as the market probes a robust support zone near $0.7015, a level that has been on the radar for traders. QF/WETH on Uniswap illustrates an evident attempt to reclaim the falling trendline, a pattern that has defined price action since early 2025.
Interestingly, the daily chart presents the fight around $0.7906, a crucial support-turned-resistance. The price level can potentially determine the direction of the short-term trend. The reaction to this zone is under scrutiny of traders, particularly after recent rejection at the descending trendline. Furthermore the price has been trading in a narrow 24 hour span of $0.7371 to $0.7356 noting some market hesitation even with the consistent volatility.
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QF Faces Persistent Rejection as Bearish Pressure Builds
Transitioning to the next focus area, the $0.7772 resistance level remains intact. This level has repeatedly capped upside attempts. Despite several approaches toward this zone, QF has failed to break above it convincingly.
Additionally, the market rejected prices at the descending trendline, reinforcing bearish pressure. In conjunction with this, the support at $0.7015 remains the immediate defense level. Any sustained move below this could expose lower price zones. However, for now, the market holds above this mark, leaving room for further tests.
Market Volatility Reflects Mixed Sentiment
Following this, the market shows mixed sentiment within the current price structure. Price volatility over the past day reflects an uncertain mood among participants. With intraday highs and lows falling and 24-hour range contracting, the traders are holding back.
Additionally, current exchange rates indicate slight declines against BTC and ETH pairs. QF is valued at 0.056498 BTC, which dropped by 9.5%, and 0.0002794 ETH, which dropped by 9.2%, indicating a general market pull back. It is this decline, in addition to technical rejections, that prevents the market from making up its mind.
Support and Resistance Levels Define the Immediate Outlook
Continuing this technical assessment, key horizontal levels remain the primary focus for market participants. The $0.7015 support level holds immediate importance as the price consolidates above it.
On the positive side, the closest resistance corridor is $ 0.7772 which a break above may alter the short-term picture. In the meantime, price action falls within this range, indicating a marketplace in search of earnings. Generally, the QF/WETH chart is recording a market facing a decision point, with technicals leading the next meaningful price action.
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