QUANT (QNT), TOKEN TO WATCH.. NOW!
Quant (QNT) has lost 10% in the last seven days. The month started off strong, rising from $103 to $134.
This pump occurred after the launch of Quant Fusion, the first Layer 2.5 ever created, which had sparked great enthusiasm among investors. The proposal for an infrastructure capable of connecting different blockchains simultaneously has put the spotlight on QNT.
The key support is near $116, tested multiple times in recent weeks. The resistance is around $124, an area that has often served as a psychological and technical barrier.
If it fails to break through the 120–122 $ area, a new test of support at $114 is likely, which also coincides with the 50-day moving average. However, if the 122 $ level is broken with increasing volume, the price could return towards $128–132, where it had stabilized during the initial phase of the rally.
Experts remain slightly bearish in the short term, unless the 122 $ level is reclaimed strongly. Watch for any spikes in volume and confirmation candles on daily timeframes.
At the moment, it is worth 121 $ and has recorded a 3.48% increase in the last 24 hours.
