Quant falls amid persistent selling pressure and decisively negative momentum readings

Traders Union
All News
Crypto
Quant drops 7.26% to $178 today

Highlights

Quant is trading below key short- and medium-term moving averages, showing sustained intraday and multi-day selling pressure.
Momentum signals are strongly negative, with only neutral readings from oscillators and a clear dominance of sellers in flows.
Forecast range for the next 2 to 3 days is $170.71 to $185.45, with a high probability of further downside.

Short-term selling outweighs neutral oscillators amid resistance

On the hourly chart, QNT trades beneath the MA-20 at $181.98 and MA-50 at $190.22, affirming persistent selling pressure across both short- and medium-term timeframes. The price action is still well above the daily MA-200 at $100.98, which defines a supporting long-term profile, while Ichimoku Kijun resistance is established at $184.57. Notably, momentum readings are decisively negative: MACD signals a strong sell and ADX is in sell mode, with Bull/Bear Power’s negative value emphasizing intraday seller control. However, RSI, Stoch RSI, and CCI all remain in their neutral zones, and the Awesome Oscillator is also neutral, highlighting a divergence between strong downtrend momentum and a lack of confirmation from oscillators.

Range-bound outlook as volatility narrows directional probabilities

In the next 2–3 trading days, QNT is expected to consolidate within a volatility band from $170.71 to $185.45. The probability for further downside is high, estimated above 80%, while the likelihood of a sustained upward move is below 20%. The baseline scenario anticipates continued range-bound trading unless a decisive break occurs above $185.45 or below $170.71, which would signal the next directional move.

Anton Kharitonov, analyst at Traders Union, views the outlook for Quant as technically defensive. He notes strong downside pressure with key moving averages acting as resistance, while long-term support near the MA-200 remains intact. Momentum indicators are clearly negative, but muted oscillator readings suggest limited chances for a breakout soon. "Given the prevailing negative momentum and lack of bullish confirmation, I remain cautious unless QNT decisively breaks $185.45 on strong volume."

Earlier, analysts noted that Quant was experiencing short- and medium-term selling pressure while maintaining longer-term structural support. The current analysis strengthens this view, with negative momentum intensifying and traders now advised to monitor the $170.71–$185.45 range for signs of a decisive breakout or further downside risk.

Source of Data: QNT Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.