WikiBit 2026-01-18 16:13Quant has rallied 12.33% in the past 36 hours, and its daily trading volume has tripled since Friday, the 16th of January. The strong gains and high
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QNT jumps 12% as volume triples — Can Quant bulls defend THIS floor?
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Quant [QNT] has rallied 12.33% in the past 36 hours, and its daily trading volume has tripled since Friday, the 16th of January. The strong gains and high volume came while BTC defended the $94.5k local support zone, which had been a resistance in December and until recently.
Bitcoin has scope for advancing toward $100k, which gives altcoins some room to make gains.
The long-term trend of QNT is bullish
Source: QNT/USDT on TradingView
The weekly chart showed that Quant [QNT] has a bullish structure on the weekly. The rally in November 2024 broke the previous high at $149.6. In 2025, the weekly chart showed QNT set a higher low at $58.60.
In recent months, it has retraced to the 78.6% Fibonacci retracement level at $75. The bulls have defended this support zone well since November.
The past week saw an 8.03% move higher for QNT, which could be an early sign of a long-term reversal.
The end of the retracement phase for Quant will give investors an opportunity, but it comes with risks. Bitcoin [BTC] itself has a bearish weekly structure, and the $101k and $108k were supply zones that could reject BTC bulls.
The bearish case for Quant investors
Long-term holders should be wary of the risks of a deeper price drop due to Bitcoin movements and the wider market sentiment, which was neutral to fearful at the time of writing. The timing of a long-term purchase was not ideal.
Traders call to action- Potential for a trade setup
Source: QNT/USDT on TradingView
The 4-hour structure was bullish, and there is reason for traders to go long. Capital rotation into altcoins is a possibility in the coming weeks, and Quant holders could make profits.
A 4-hour session close below $72.5 would invalidate this idea. The $90 and $110 were the sizeable supply zones overhead that bulls can look to take profits at.
QNT Exchange Netflow was negative over the past three days, indicative of accumulation.
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