Quant ($QNT ) has shown a modest upward movement in the last 24 hours, currently trading at 107.03 USDT, which marks a 1.65% increase. The price is trading above all key moving averages—MA(7), MA(25), and MA(99)—indicating a short-term bullish bias. This suggests that the recent momentum could carry forward, at least in the near term, especially as the price remains above the 106 USDT range, which is acting as a support zone. However, with the current volume sitting at just 323.210, far below the 5-day and 10-day average volumes, the strength of this price movement may be limited without renewed buying interest.
The 24-hour trading range for QNT has been relatively narrow, with a high of 108.64 and a low of 104.76 USDT, highlighting a period of consolidation rather than a decisive trend. Traders may view this as a sign of market indecision, with potential for a breakout in either direction if volume picks up. The key resistance at 108.64 could be a trigger point for bullish continuation, while a drop below 104.76 might suggest a shift in momentum toward the downside. Until stronger volume or news catalysts emerge, QNT is likely to remain in a tight range, with traders watching for signs of increased activity before taking more aggressive positions.