- QNT Gains 4.48% in 24 Hours, Trading Volume Hits $15.36M with Bullish Indicators Emerging.
- Price Breaks Falling Wedge Pattern, Suggesting Bullish Reversal; $90 Support Crucial for Sustained Uptrend.
- Technical Analysis Identifies Targets at $138.23 and $180.80 Amid Strong Breakout Confirmation Signals.
Quant Network (QNT) is trading at $94.38, with a 24-hour volume of $15.36M and a market cap of $1.12B. Although QNT declined 2.54% over the past week, it has gained 4.48% in the last 24 hours. This recent upward movement may indicate growing bullish momentum.
The near-term behavior of the token is indicative of revived interest, possibly priming it for higher gains if support levels materialize and overall market mood is positive in future trading sessions.
QNT Technical Indicators Suggest Upward Price Momentum
A detailed technical analysis of the QNT trading pair reveals a compelling reversal pattern emerging on the daily chart. The price has broken out of a falling wedge pattern, which formed starting from early 2024 to mid-2025, having spent an extended period in price consolidation.
The breakout higher than the upper resistance of the wedge is an indication of the possible change of trend to the bullish direction. The $90 level is labeled as an important support level: prices need to be above this to allow continued momentum and further price appreciation.
Increased trading volume seen on the breakout confirms the validity of this movement, though ongoing observation of trends within volumes is still needed to corroborate it.
Following the breakout, technical indicators propose two significant resistance levels as potential targets: the first at $138.23 and the subsequent one at $180.80. These zones may encounter selling pressure but represent key milestones for upward price movement if the bullish trend holds.
QNT is presently consolidating close to its breakout price, and signs of rising momentum are emerging. This type of price action is an indication of a possible transition to an upward-moving trend. $90 is still an important support level to be watched, as staying above it could assure continued upward movement.
On support, if it holds, QNT can continue its run towards higher resistance levels. Traders closely watch this zone in hopes of establishing confirmation of direction of movement and possible entry points on sustained bullish signs.
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