Current Market Structure
Quant’s price action has been locked within a falling wedge pattern, consistently printing lower highs and lower lows. This structure is typically bearish in the short term, and the token continues to face downward pressure as sellers dominate.
At present, momentum suggests that $QNT may revisit its key support zone between $86.10 and $88.75. This region has historically provided strong demand, and traders should keep a close eye on whether buyers step in to defend it.
Bearish Outlook
As long as QNT trades below the $100.00 level, sentiment remains tilted toward the downside. A break beneath the $86 support area could trigger further declines, potentially opening up room for deeper retracements. For short-term traders, rallies into resistance levels may present selling opportunities until a decisive reversal forms.
Bullish Scenario
On the flip side, the falling wedge is also known as a potential reversal pattern. If QNT can reclaim the psychological $100.00 mark with strong volume, it may confirm a breakout. This would shift momentum toward the bulls, paving the way for upside targets beyond current resistance.
In that case, aggressive traders could look for buy setups above $100, with confirmation coming from sustained closes on higher timeframes.
Key Levels to Watch
Support Zone: $86.10 – $88.75
Resistance / Breakout Level: $100.00
Pattern: Falling Wedge (bearish bias until breakout)
Final Takeaway
For now, QNT remains in a bearish trend inside its falling wedge. Traders should watch the $86–$88 support for a possible bounce, while also preparing for a potential trend reversal if $100 is reclaimed. The next few sessions will be crucial in determining whether Quant extends its decline or stages a bullish comeback.
