- QNT breaks the resistance and increases from 15.29 %, as the bulls target the price range from 135 to 140 dollars.
- The open interest jumps by 23.98 % to 13.47 million dollars, indicating strong confidence and upscarcase.
amount [QNT] It has succeeded in collapsing from the long -term landing trend, indicating a potential crowd towards a scale between 135 and 140 dollars.
At the time of writing this report, QNT was circulating in 106.15 dollarsOn the occasion of an increase of 15.29 % and 10.65 % in the past week. With a trading of 15 million QNT, the code holds the marketing of the market of $ 1.50 billion.
Main levels and price work
At the time of the press, the Quant price scheme Show A clear outbreak of the descending trend line that has been present since December 2023.
This penetration indicated a shift in market morale, as buyers pushed QNT towards higher resistance levels.
With this penetration, the following resistance area is between $ 135 and $ 140, which is an important historical level. If the momentum continues to continue, the QNT can test these levels in the coming days.
Source: x
On the negative side, if the QNT fails to stick to the hack area, the previous resistance from 95 to $ 100 will act as a major support.
Keeping this level would confirm the validity of the penetration, while the decrease below may lead to more monotheism.
Promote momentum in the future
Technical indicators indicate that QNT’s bullish momentum was gaining traction. The RSI Index (RSI) in 59.68 was about to bullish lands, but it was not yet in the peak region.
If RSI moves above 70, it may indicate resistance, which may lead to a short -term decline.
Via MacD at 1.56 above the signal line at -0.08, which constitutes a bullish intersection. In addition, the MACD graph turned positively, reflecting the increased purchase pressure.
If this trend continues, QNT can maintain its upward path, confirming the force of penetration.
Source: TradingView
Futures market and immediate activity
according to Coinglass dataQNT’s open interest increased by 23.98 % to $ 13.47 million, indicating the increase in the participation of traders. Historical data indicates that OI exceeds $ 30 million in December and April that led to price fluctuations.
If the open interest continues to rise, QNT may see additional prices, and may test higher resistance levels.
In addition, Spot Netflow rose to $ 2.35 million on February 26, reflecting a strong flow of assets on stock exchanges. This may indicate a possible sale pressure, as traders may prepare to empty holdings.
However, if the demand for the market absorbs the flow, QNT may maintain its bullish momentum and continue its upper move.
Source: Coinglass
Can QNT maintain its upward journey?
With an increase in open interest, high trading volume, and Al -Soda Signs of TechnologyQNT appears to be in a strong position to make other gains. If the momentum continues, the movement will continue to the resistance area, which ranges between 135 and 140 dollars.
Traders will closely monitor sized trends, RSI levels, and price procedures to assess whether QNT can maintain upward path or enter a standardization stage.
