Emma Nelson 
QNT Price Analysis & Prediction: Bullish Breakout as QNT Reclaims $100, Eyes $150 Target. After experiencing a rejection from the $72 level three weeks ago, Quant (QNT) found strong support and has since rebounded with a bullish breakout. The recent surge saw QNT flip a key resistance level, achieving significant overnight gains and signaling a potential trend reversal.
Bullish Momentum Builds as QNT Bounces Off Support
Despite maintaining a bearish outlook in the short term, QNT has started to gain bullish momentum as it secured support above the $84 level. This support level has triggered renewed buying interest, with demand rising sharply in the past 24 hours.
The latest price surge was initiated by a bounce off the $72.7 level earlier this month, setting the stage for a trend reversal on the daily chart. The bullish formation suggests that the uptrend is likely to continue, with buyers regaining control of the market.
While many altcoins are struggling to recover from recent lows, QNT is showing resilience, breaking above the critical $100 level and approaching $110 at the time of writing.
Potential for a Major Breakout: $150 Target in Sight
If QNT maintains its position above $100 for the rest of the week, it could pave the way for a significant price movement next week. A sustained bullish momentum might drive the price back above the $150 resistance level, which was last broken in December.
Breaking this key level could trigger a strong bullish bias, propelling QNT to new highs. Currently, the bulls are firmly in control on the daily timeframe, supporting the possibility of continued upward movement.
QNT Key Levels to Watch
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Immediate Resistance Levels:
- $110 – The next key resistance level. If broken, it could lead to further buying pressure.
- $124 – A secondary resistance level that could challenge the ongoing rally.
- $147 and $171.7 – If momentum continues, these levels could become potential targets.
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Support Levels:
- $96.2 – Recently flipped resistance, now acting as strong support.
- $84 – Key support level that helped initiate the current uptrend.
- $72.7 – A retest of this level could indicate a trend reversal if breached.
Current Market Overview
- Spot Price: $106.7
- Trend: Bullish
- Volatility: High
The QNT price is displaying strong bullish momentum, backed by rising demand and positive market sentiment. As the price continues to trade above $100, the outlook remains optimistic.
If the momentum persists, QNT could be on track for a major rally, potentially reaching the $150 level in the coming weeks. However, maintaining the current support levels will be crucial for sustaining the bullish trend.
Disclosure: Not Financial Advice
This analysis is for informational purposes only and should not be considered as trading or investment advice. Always conduct your own research before investing in any cryptocurrency.
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