- Quant (QNT) has spent nearly four years inside a symmetrical triangle, with a breakout expected soon.
- The current price, around $89.68, sits in a neutral zone between major support and resistance levels.
- Long-term outlook remains positive if $65 support holds, with potential targets at $174.50 and $259.50.
Quant (QNT) has been trading within a broad sideways structure since 2022, and recent movements suggest the pattern continues. After a roughly 12% drop last month, QNT/USDT is currently priced around $89.68, putting it near the middle of its multi-year consolidation range.
Analysts Rose Premium Signals note that QNT has completed a symmetrical triangle on the monthly chart, a formation that took 1,430 days to develop. According to their analysis, a breakout is imminent, with short-term targets identified at $174.50 and $259.50.
Tradingview data shows strong resistance in the $120–$140 range and key support between $64 and $70. The current price sits between the 0.382 Fibonacci level near $98 and the 0.50 level at $81.8.
This zone has historically represented indecision, where the price repeatedly fails to maintain levels above $100 but finds steady buying interest closer to $80 and especially near $65. The latest monthly candle is bearish but holds above critical structural support, suggesting the decline is a pullback rather than a reversal.
Quant Momentum Neutral, Institutions Eye Accumulation Zones
Momentum indicators encourage a neutral position. The RSI is approximately 47. This indicates Quant isn’t overbought or oversold. The Momentum (10) index has a slight negative bias.
Levels to monitor for support: The nearest support level around the mid-region would be $82. Other support levels would be in the range of $70-$75 and the 0.618 Fib level of $64.8, also known as the “Golden Pocket” that establishes the bottom of the long-term structure.
Additionally, the levels of $98-$100 and $120 would act as a strong resistance to the price movements. Until the price sustains above $82, more specifically above $65, the long-term accumulation trend would remain in place.
QNT Could Soar to $174.50–$259.50 If $100 Breaks
Looking at the short term, Quant appears somewhat bearish, given that it retreated from the $100 spot, and the momentum for the short term is headed down. For the medium term, the trend appears to be neutral since the price will continue going range-bound. Looking at the long term, the trend appears to be positive since there may be intense purchasing if the token stays above $65.
If the price surges above $100 by the end of the month, a new bullish trend may begin. The target would be to reach $120 and then $140. According to the analysis, if there is a breakout in the symmetrical triangle pattern, the price of QNT may rally to $174.50 and $259.50. This would be great news for long-term investors.
Also Read: Quant (QNT) Eyes Rebound: Will $75 Support Level Lead to a Major Rally?
