$QTUM /USDT Technical Analysis
is trading at $2.061, almost flat on the day at -0.05%. In the last session, price bounced sharply from the low of $1.958 and reached a peak of $2.141, before pulling back slightly. This rebound from sub-$2 shows strong demand at lower levels, with buyers defending the key psychological zone.
On the moving averages, MA(7) at 2.038 and MA(25) at 2.013 are trending upward, signaling short-term bullish momentum. However, the price is still trading just below the MA(99) at 2.092, which acts as an immediate resistance. A sustained move above 2.10–2.15 could confirm bullish continuation, potentially opening room toward 2.20 and higher.
If the price fails to reclaim the MA(99), support lies at $2.00 and deeper at $1.95. Losing these levels could shift momentum back to sellers. At this stage, QTUM looks bullish in the short-term, but the confirmation depends on whether buyers can break above the 99-period average and hold gains. Aggressive traders can look for momentum plays above $2.10, while cautious traders may wait for a clean breakout.