Quant (QNT) is currently testing a critical support area around $68 after falling through a key price level, leaving the cryptocurrency at a crossroads that could potentially influence the token’s direction. The news comes as investors watch to see if the cryptocurrency holds the support area or continues to fall.
At press time, QNT is trading around $68.78, with a 24-hour trading volume of $24.20 million and a market capitalization of $827.24 million, according to CoinMarketCap data. The token is down 0.11% over the last 24 hours, reflecting cautious sentiment as the broader crypto market consolidates.
Crypto market analyst CryptoPulse noted on X on February 10, 2026: Quant has entered a significant decision zone that could determine the next move.
As per the chart analysis by the CryptoPulse, QNT dipped briefly below the rectangle support around $68.37 on the daily chart before buyers stepped back in to reclaim the level with a strong bounce candle.
On the four-hour time chart, an Inverse Head and Shoulders pattern is starting to form with resistance sitting at a significant support-turned-resistance level. If QNT can break and hold above this resistance level, the pattern suggests that the token has the potential to rise towards the $91.95 mark.
Despite the rebound attempt in the short term, higher time frame indicators still suggest that QNT is in a difficult position. The Relative Strength Index (RSI) is currently at 40.4 and is still below the 50 mark.
Price action remains below the moving average ribbon. The closest resistance to price is the 20-week average at $80.4. Further out, the price must overcome the 50-week average at $90.3, the 100-week average at $90.0, and the 200-week average at $97.8 to indicate a rising trend for QNT.
The MACD indicator also confirms the bearish sentiment. The MACD line is around -7.29, which is lower than the signal line that is around -6.09. Additionally, the histogram is around -1.20. This confirms the bearish sentiment but does not suggest an acceleration of the trend.
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Quant is at a crossroads with short-term recovery potential vs. ongoing higher time frame weakness. Lower time frame levels indicate a potential breakout if resistance levels are retaken.
However, the current state of the higher time frame trend is volatile. The action of the price in the vicinity of the aforementioned zone will dictate the next movements of QNT.
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