Quant (QNTUSD) Holds Firm Near $91.000 Key Level

Quant Price Analysis – May 28

Quant is holding steady near the $91.000 key level as the market displays signs of consolidation. Buyers are currently trading around the $101.50 significant level, showing determination to push higher. However, sellers have also been in a consolidating phase, holding their ground above the $91.000 zone, which they have struggled to breach successfully.

QNTUSD Key Levels

Support Levels: $91.000, $85.000
Resistance Levels: $101.50, $110.00

QNTUSD Long Term Trend: Bullish (Daily Chart)

Since April, the market has seen buyers building a strong bullish momentum, particularly after breaking above the $91.000 key level. Nevertheless, there has been a noticeable slowdown in momentum recently, leaving traders unsure of the next direction. Despite this, buyers are expected to deliver higher and push more aggressively in the coming sessions. Quant’s price action reflects a stable bullish outlook, with the market consolidating around the $91.000 support level. This level has proven to be a critical foundation for buyers, who have successfully built momentum since breaking above it.

The recent slowdown in price movement, however, has created uncertainty about the immediate future. The Stochastic Oscillator indicates that there’s still potential for upward movement, while the Parabolic SAR reinforces the notion that buyers are gearing up for a stronger push. If buyers can regain momentum and breach the $101.50 resistance level, we may see targets moving toward $110.00 in the near term. QNTUSD remains cautiously bullish as buyers hold firm above the $91.000 key level. A successful push beyond the $101.50 resistance level will be crucial for confirming the return of bullish pressure. If buyers are unable to maintain momentum, sellers may reclaim control and test lower levels.

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

On the short-term chart, Quant shows that buyers are preparing for a fresh entrance into the market. The Stochastic Oscillator reflects a positive response from bullish strength, indicating that buyers are building momentum to push higher.

The immediate focus for buyers will be to breach the $101.50 resistance level and set their sights on new key levels. If they succeed, this could signal a more substantial bullish trend. However, sellers remain a potential obstacle, and sustained strength will be necessary for the bulls to maintain their upward trajectory.

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