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Quant (QNT) Holds Below $200 as Daily and Four-Hour Signals Diverge

Quant (QNT) was 50.5% below its Sept. 27 high of about $373, while its four-hour bullish shift remained intact after a break above $212.87.

A silver token rests beneath a narrow brass bar / TokenPost.ai
A silver token rests beneath a narrow brass bar / TokenPost.ai

Quant (QNT) remained below $200 early Friday as a four-hour bullish structure held against a bearish daily chart, while momentum indicators had yet to confirm a reversal.

QNT was 50.5% below its Sept. 27 high of about $373. The token had reached a local low of $173.56 during the retreat.

The daily swing structure was bearish after QNT fell below $223.50. A 61.8% Fibonacci retracement at $178.80 was serving as support in the latest chart reading.

Shorter-term action pointed the other way. QNT broke above $212.87 on the four-hour chart earlier this week, and that bullish shift remained intact after a pullback toward $180. The relative strength index (RSI) was below 50, while on-balance volume (OBV) showed buying and selling pressure in balance. The indicators had not confirmed a reversal.

The pullback follows earlier coverage of QNT’s late-September high and futures open interest, which put the token at $219.34 on Oct. 13.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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