Quant Price Prediction: Breakout Stalls As Sellers Defend $100 After Major Trendline Reversal
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Quant price is currently at $98 after a rejection at $100, indicating profit taking. A breakout above a multi-month trendline marks a bullish shift, but sustaining above $94–$95 is crucial to maintain upward momentum towards $120. A drop below this level could risk a decline to $80.
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- Quant price today trades near $98 after rejection above $100 and $105 supply zone.
- Breakout above major trendline shifts structure bullish while outflows show profit taking.
- Holding above $94–$95 keeps upside toward $120 alive while failure risks drop into $80 region.
Quant price today trades near $98 after failing to hold above the key psychological level at $100 following a breakout from a multi-month descending trendline. The move marks the first clear technical shift in months, but the rejection has forced buyers to defend higher lows while spot flows remain negative.
Breakout Sparks Structural Shift In The Daily Trend
The daily chart confirms a decisive break of the descending resistance line that dominated price action since Q2. The breakout followed a strong rally from the $70 zone, flipping sentiment short te…
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