Anyone who was watching Quant (QNT) saw the coin surge by more than 24% in just 24 hours. The chart shot up from around $55 and went above $315, briefly hitting $373 on the quick spike. Trading volume topped 186 million USDT.
The question everyone is asking right now is simple: is it still worth buying or has the train already left?
If you’re thinking about getting in or you’re already in profit, I’ve listed the points you need to watch on the daily chart.
Targets to keep an eye on
First target at $373: It’s the recent top left by the candle’s wick. If the price closes the day above $330, the chance of revisiting that top is very high.
Second target at $428: By breaking above $373 with strength and buying volume, the path is cleared to seek the all-time high.
Third target at $480 to $500: If the market keeps pushing, this is the extension range for new highs.
Where to be careful (supports)
$292 region: It’s the moving average on the daily chart (AVL). As long as the price holds above this level, buying strength remains alive.
$237 region: Lowest point of the last 24 hours. If that range is lost, the move loses momentum and may seek deeper pullbacks.
Buying in the heat of the moment after such a stretched candle is dangerous. For those who want to trade the QNT/USDT pair, the smartest thing is to wait for a test at the supports or enter using a well-placed stop below $290 to protect capital.
