Quant (QNT) price rose 1.23% today to $58.22 as buyers defended a key wedge support zone near $56.50–$57. Analysts highlight that a confirmed breakout above the wedge’s upper trendline could push the price toward a $62–$63 target range. QNT futures volume climbed 30.72% to $15.41 million, while open interest rose 3.39% to $13.00 million. However, the QNT price remains below its 20-day and 50-day exponential moving averages, indicating ongoing resistance. Long-term averages also remain above the current price, with the 200-day EMA at $70.28.
Quant (QNT) is trading at $58.22, an increase of 1.23% in the past day. The 24-hour trading volume stands at $19.54 million, with a market capitalization of $702.94 million, according to CoinMarketCap.
Analyst Crypto With Gopal highlighted that QNT is forming a falling wedge, with buyers defending the $56.50–$57 support zone. The analyst noted a confirmed move above the wedge’s upper trendline could push the price toward the $62–$63 target range.
Analyst MCO Global mentioned that Quant had remained within a long-term range for some time. The analyst said a pullback toward $55–$56 could produce another E-wave bounce inside the triangle, but a move below $50 would fully invalidate their alternative bullish count.
CoinGlass data shows a 30.72% rise in QNT futures volume to $15.41 million. Open interest increased 3.39% to $13.00 million, with the OI-weighted funding rate at 0.0100%.
The daily chart from TradingView shows the QNT price below its 20-day EMA of $60.36 and its 50-day EMA of $63.28. The 200-day EMA stands at $70.28, reinforcing the bearish structure.
