QNT Rally Tests a Crucial Supply Zone — What Next for Quant?

CryptoNewsLand
QNT3,97%
BTC-0,08%
  • QNT rallied 24% weekly, testing a key supply zone near $80–$88.

  • Daily closes above $88 signal bullish continuation, while drops below $75 indicate renewed bearish pressure.

  • Short-term momentum is positive, but higher timeframe indicators suggest cautious trading.

Quant — QNT, has grabbed attention after rallying 24% over the past week. The mid-cap altcoin outperformed Bitcoin, which shed 2.64% in the same period, hovering near $70k. QNT’s recent strength comes after a rebound from the long-term demand zone between $55 and $60. Traders are now watching closely as QNT tests a crucial supply zone. The next few sessions could determine whether the rally continues or faces resistance.

$QNT — Quick 1M Macro Analysis 👀

Quant is currently squeezed inside a multi-year symmetrical triangle, and price is sitting right at the decision zone around $68.

Key takeaway:
This level decides everything — macro bounce or multi-year breakdown.

📊 Current structure

Price:… pic.twitter.com/eWriwTeGsh

— Nehal (@nehalzzzz1) March 16, 2026

Understanding QNT’s Current Price Structure

On higher timeframes, Quant remains in a bearish trend, though short-term movements have been encouraging. In March, QNT climbed from $60.92 to $80.72, a 32.5% move in just two weeks. The weekly chart shows a bullish swing structure with a bearish internal setup, leaving the local high at $88.3 unbroken. The Visible Range’s Value Area spans $60 to $105, with the Point of Control at $67, signaling bullish control at key volumes.

Since April 2025, QNT has traded between $58.60 and $135.58. Resistance lies at $88, $105, and $135. On-chain momentum indicators show caution: OBV has not trended higher, and the RSI remains below 50. These readings suggest bulls need to maintain momentum to break through higher supply zones. Traders should monitor these levels closely to identify potential entry or exit points.

On the daily chart, QNT shows a bearish swing structure. Fibonacci retracement levels plotted from the January–February drop highlight a golden pocket between $75.04 and $80.87. Bears could assert control if price fails to hold this zone, but so far, bulls have defended the level. Daily closes above $88 would confirm bullish continuation, while rejection near $80 and a fall below $75 would signal a renewed bearish trend.

Key Levels Traders Should Watch

Swing traders should remain patient and wait for confirmation before entering new positions. Those holding positions can look to book profits near resistance levels, while cautious traders may wait for a daily close above $88. Bitcoin’s broader price action could further influence QNT’s next leg, as BTC strength often fuels altcoin momentum. The market remains at a pivotal moment, making careful observation critical for short-term and mid-term strategies.

Quant’s recent surge highlights both opportunity and risk. While momentum appears positive, key supply zones may cap gains. Observing volume, daily closes, and Fibonacci retracement levels will help traders determine whether QNT can sustain its rally or face resistance. Proper risk management remains essential as this mid-cap altcoin tests crucial levels that could define its next move.

For now, QNT rallied 24% in one week, testing a crucial supply zone near $80–$88. Short-term bullish momentum exists, but resistance at $88 and bearish indicators on higher timeframes caution traders. A daily close above $88 signals continuation, while a fall below $75 could renew the downtrend.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.
Comment
0/400
No comments