Quant Network (QNT) is Trading at $94.38, Having Gained 4.48% in the Last 24 Hours

Quant Network (QNT) is trading at $94.38, with a 24-hour volume of $15.36M and a market cap of $1.12B. Although QNT declined 2.54%

Quant Network (QNT) is currently trading at $94.38, with a 24-hour volume of $15.36M and a market cap of $1.12B. While QNT declined 2.54% over the past week, it has gained 4.48% in the last 24 hours. This recent upward movement may indicate growing bullish momentum.

The near-term behavior of the token is indicative of a possible transition from an accumulation phase to a new stage of price increase. This is crucial for traders who are planning their entries and exits in future trading sessions.

A technical analysis of the QNT/USDT pair on the daily chart shows that the price has broken out of a falling wedge pattern, which formed starting from early 2024 to mid-2025.

The breakout higher than the upper resistance of the wedge is an indication of the possible change of trend to the bullish direction. The $90 level is labeled as an important support level: prices need to be above this to allow continued momentum and further price appreciation.

Increased trading volume seen on the breakout confirms the validity of this movement, though ongoing observation of trends within volumes is still needed to corroborate it.

Following the breakout, technical indicators suggest two significant resistance levels as potential targets: the first at $138.23 and the subsequent one at $180.80. These zones may encounter some selling pressure but represent key milestones for upward price movement if the bullish trend continues.

QNT is now consolidating closely to its breakout price, and signs of rising momentum are emerging. This type of price action is a footprint of a possible transition to an upward-moving trend. $90 is still an important support level to watch, as staying above it could assure continued momentum for higher prices.

On support, if it holds, QNT can continue its run towards higher resistance levels. Traders will closely monitor this zone in hopes of establishing the direction of movement and potential entry points on sustained bullish signs.