Quant (QNTUSD) Bulls Push for Further Gains

Quant Price Analysis – May 15

Quant bulls remain tenacious, pressing aggressively toward the $107.000 key level despite mixed buyer interest. Recently, the bulls swept past the $100.000 significant level with ease, signaling their determination to maintain control. After retesting the $62.000 market zone last month, buyers have steadily built a stable foothold, showcasing resilience even in the face of selling pressure.

QNTUSD Key Levels

Support Levels: $100.000, $90.000 
Resistance Levels: $107.000, $120.000

QNTUSD Long Term Trend: Bullish (Daily Chart)

With the Bollinger Band indicator signaling fresh market volatility, buyers are looking to expand further. The Momentum indicator has yet to show a consistent rise. A gradual push in the long timeframe suggests that buyers are gathering strength to drive the market higher. A successful breakout above the $107.000 key level would signify bullish solidification and open the door for further upward movement.

Quant has shown impressive recovery and bullish intent, with buyers staging a strong push past the $100.000 level. The price remains on track to challenge the $107.000 resistance zone, a critical area that could act as a gateway to further gains. The Bollinger Band indicator underscores increasing market volatility, providing opportunities for buyers to capitalize on fresh liquidity.

However, the Momentum indicator has yet to signal a strong, sustained rise, indicating that bulls must continue building strength to solidify their position. If buyers successfully break above $107.000, QNTUSD could target the $120.000 resistance level next. Conversely, any slowdown in bullish momentum may lead to a pullback, with $100.000 and $90.000 serving as important support zones.

QNTUSD Short-Term Trend: Bullish (4-Hour Chart)

On the short-term chart, QNTUSD shows a gradual build-up in momentum as buyers work to overcome the $107.000 barrier. The Momentum indicator reflects a steady, albeit slow, rise, suggesting that buyers are methodically adding strength.

A successful breakout above $107.000 would solidify bullish dominance and could trigger a swift move toward higher levels. However, traders should remain vigilant for resistance at this critical level and be prepared for potential pullbacks that may present re-entry opportunities.

Make money without lifting your fingers: Start using a world-class auto trading solution 

Note: Learn2.trade is not a financial advisor. Do your research before investing your funds in any financial asset, product, or event. We are not responsible for your investment results.