Will Quant avoid deeper losses amid ongoing seller dominance?
Quant (QNT) is trading at $150.92 after a sharp drop of 7.18% on the day. The asset is currently positioned below its key short- and medium-term moving averages, but maintains longer-term support.
Highlights
- Coinbase will enable perpetual futures trading for Quant (QNT) starting November 13, 2026, granting broader derivatives access for the asset.
- QNT has experienced sustained selling pressure and heightened volatility around the upcoming trading expansion.
- Technicals show QNT below key short- and medium-term averages, with oscillators in oversold territory and forecasts for a $139.90 to $161.94 range over the next 2 to 3 days, favoring downside risk.
New perpetual futures spur volume and volatility amid ongoing selling
Coinbase has launched perpetual futures trading for Quant (QNT), expanding access to derivatives trading for the asset on both Coinbase and Coinbase Advanced starting November 13, 2026, according to Cryptoticker and Chaincatcher. This addition opens the asset to new hedging strategies and speculative flows, which can amplify both volatility and volume for QNT as market participants react to the launch. While such trading access can introduce fresh price dynamics, recent activity indicates that these developments have been accompanied by persistent selling pressure.
Bearish momentum dominates as QNT tests key technical support
On the technical front, QNT is trading below the MA-20 and MA-50 on the hourly chart, while still holding above the MA-200 on the daily timeframe. Immediate resistance is defined by the Ichimoku Kijun at $158.44. Momentum indicators support prevailing bearishness, with both MACD and ADX showing downside signals. RSI is neutral, but Stochastic RSI and CCI are each in their oversold zones, and Bull/Bear Power remains negative, underscoring ongoing seller control. The Awesome Oscillator also aligns with the prevailing bearish tone, though multiple oscillators in the oversold region suggest a possible short-term rebound.
Consolidation risks persist as downside remains likelier than rally
Over the next two to three trading days, QNT is likely to move within a volatility band between $139.90 and $161.94. There is a 21% chance of an upward move and a stronger likelihood—79%—of further downside. Baseline expectations are for QNT to consolidate within this range. A sustained break above the $158.44 resistance could trigger a move toward the upper boundary, while a clear drop below support levels may lead to renewed declines toward the lower bound.
Earlier, analysts noted that Quant was showing persistent weakness despite institutional developments and expanded derivatives access. The latest technical signals reinforce this cautious outlook, and traders should closely watch for any sustained move above the $158.44 resistance that could indicate a shift in short-term momentum.