Quant (QNTUSD) Slows Down as Bulls Lose Momentum

QNTUSD Price Analysis – April 5

Quant faces a slowdown in its bullish momentum after buyers failed to sustain a push beyond the $94.000 level. While the token has made significant gains in recent weeks. The token is rallying from $62.000 and targeting the $100.000 key level, bearish pressure has now entered the market, causing a temporary pullback. 

QNTUSD Key Levels

Support Levels: $85.000, $80.000 
Resistance Levels: $94.000, $100.000 

QNTUSD Long Term Trend: Consolidation (Daily Chart) 

QNTUSD has shown impressive bullish gains over the past month, with buyers driving the price from $62.000 to as high as $94.000. However, the bullish surge has lost steam, and sellers have taken the lead, initiating a pullback below the $90.000 key level. The Stochastic Oscillator indicates a weakening bullish presence, with a bearish crossover signaling sellers gaining control. Similarly, the Momentum Indicator reflects a decline, suggesting that bullish energy is fading. 

Despite the pullback, the bearish tendency may be short-lived. Buyers could regroup and target a recovery above $94.000, aiming for the $100.000 key level. However, if sellers maintain their momentum, the market could test lower support levels around $85.000 or $80.000. The overall outlook for QNTUSD remains cautiously optimistic. While bearish pressure currently dominates, the pullback may only last for a short period, with buyers likely to fight back. A recovery above $90.000 could reignite bullish momentum and set the stage for another attempt at the $100.000 key level. 

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

On the short-term chart, sellers are firmly in control, driving prices lower as buyers lose strength. The Stochastic Oscillator reflects this bearish dominance, with a clear cross indicating further downside potential. 

The Momentum Indicator on the 4-hour chart shows a gradual decline, but it also suggests a potential for recovery as buyers prepare to reenter the market. If the bulls can regain control, the price could quickly rebound toward the $94.000 resistance level, with the $100.000 target remaining within reach.

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