$QNT Dreams of Millions Clash With Bearish Market Sentiment

Key Insights

  • Quant trades near $104, facing 5% weekly losses as market sentiment turns bearish across investors.
  • Both retail and institutional sentiment scores remain negative, reflecting cautious outlooks for Quant’s short-term direction.
  • Analysts track QNT’s falling wedge pattern, projecting potential 40% upside if breakout above resistance confirms.
$QNT Dreams of Millions Clash With Bearish Market Sentiment
$QNT Dreams of Millions Clash With Bearish Market Sentiment

Quant (QNT) is trading at $104 today, recording a 2% decline in the past 24 hours. The token also shows a 5% loss over the past seven days, reflecting ongoing selling pressure. Trading volume in the last 24 hours reached $18.68 million, indicating that activity remains moderate compared to earlier trading cycles.

QNT has been consolidating near the $100 mark after failing to sustain upward momentum in recent weeks. The token has struggled to break above higher resistance zones, which has left short-term sentiment in a negative state.

Bearish Sentiment from Crowd and Institutions

Data from Market Prophit indicates that both retail and institutional sentiment toward QNT is currently bearish. The Crowd Sentiment score stands at -1.26, while Smart Money Sentiment (MP) reads -0.76. Both values remain in negative territory, signaling caution from traders and investors.

Market Prophit commented, “$QNT Sentiment CROWD = Bearish, MP = Bearish”, pointing out that both groups share a cautious outlook. The alignment between retail and professional investors suggests that confidence in the short-term trend remains low.

Technical Structure and Chart Setup

Chart analysis from Alice Crypto shows QNT forming a falling wedge pattern. This structure often precedes bullish reversals, though confirmation requires a breakout above the descending resistance line. Price is currently consolidating within the wedge, trading close to its lower boundary.

Source: Allice Crypto
Source: Allice Crypt

If a breakout occurs, analysts have projected potential upside toward the $150 range, representing more than 40% from current levels. Alice Crypto noted that “QNT is making the falling wedge pattern. Looking for a breakout expecting 40%+ gain here.” Until such confirmation, the token remains at risk of extended consolidation or a move below $100 support.

Balancing Long-Term Hopes with Short-Term Pressure

QNT has attracted strong interest from sections of its community, with some referring to it as a potential wealth builder. On social media, posts have circulated with statements such as “Only future $QNT millionaires can like this post,” reflecting optimistic expectations about long-term value.

However, the current market shows a different picture. Price declines over the past week, combined with bearish sentiment from both retail and institutional players, suggest caution dominates near-term trading behavior. Whether the falling wedge pattern confirms a reversal or sentiment continues to weigh on the price will determine QNT’s next direction.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
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