Market Overview: QNTUSDT 24-Hour Analysis

• Quant (QNTUSDT) fell 7.8% over 24 hours, breaking key support at $114.2 and testing $110.00.
• Momentum turned bearish in early ET hours, with volume surging during the breakdown below $112.30.
• RSI signaled overbought conditions at $113.31 but failed to trigger a rebound, suggesting bearish exhaustion.
• Bollinger Bands widened after 20:00 ET, reflecting heightened volatility as prices dropped toward the lower band.
• A bullish reversal pattern formed near $110.00, but volume was weak, casting doubt on its reliability.

Quant (QNTUSDT) opened at $114.42 on 2025-07-18 at 12:00 ET, reached a high of $115.98, and closed at $112.26 at 12:00 ET on 2025-07-19. The total 24-hour volume was approximately 12,648.56 QNT, with a notional turnover of $1,390,724. The market displayed a bearish bias, particularly after a sharp breakdown in the early hours of 2025-07-19.

Structure & Formations

The price of QNTUSDT formed a bearish breakdown pattern below the key support level of $114.2, with a confirmation candle closing at $112.26. A bearish engulfing pattern was visible at $112.30, signaling a potential reversal in favor of the bears. A doji candle formed near $110.00, suggesting indecision and a potential short-term reversal. The 20-period and 50-period moving averages on the 15-minute chart remained bearish, with price staying below both.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages both trended downward, reinforcing the bearish bias. On the daily chart, the 50-period, 100-period, and 200-period moving averages were aligned bearishly, with the price firmly below all three. This alignment suggests a continuation of the downtrend could be likely in the near term.

MACD & RSI

The MACD line crossed below the signal line in the early hours of 2025-07-19, confirming a bearish momentum shift. The RSI reached overbought territory at $113.31 but failed to trigger a meaningful rebound, indicating bearish exhaustion. The RSI has since moved into oversold territory near $110.00, suggesting a potential short-term bounce may be in play, though the overall trend remains bearish.

Bollinger Bands

Bollinger Bands expanded significantly after 20:00 ET as volatility increased. The price spent much of the session near the lower band, suggesting bearish pressure. A contraction in the bands was observed prior to the breakdown at $114.2, indicating a potential reversal was in the works.

Volume & Turnover

Volume surged during the breakdown phase, particularly in the candle that closed at $112.26. This confirmed the move lower was supported by increased conviction. However, volume was weak during the bullish candle near $110.00, suggesting the bounce may lack conviction. Turnover increased in tandem with volume, with no significant divergence observed between the two metrics.

Fibonacci Retracements

Applying Fibonacci retracements to the recent 15-minute swing from $115.98 to $110.00, the price found temporary support at the 61.8% level ($112.72) and then again near $110.00. The 50% retracement level at $113.00 was briefly tested but failed to hold. These levels may continue to influence near-term price action as support and resistance.

Looking ahead, QNTUSDT appears to be in a bearish phase, with key support now at $110.00 and resistance at $112.72. A break below $110.00 could target the next major support at $109.00. However, a rebound from $110.00 with increasing volume could signal a short-term reversal. Investors should remain cautious as volatility and bearish momentum remain elevated.