QNT: Keep an eye on the red-green distance around 260; 280 is the first hurdle for the rebound.
QNT is currently around 280. The 24-hour high is 327.41 and the low is 262.76–273.49. It has clearly pulled back from the high point.
The 7-day rise is still around 300%, the volume ratio is about 1.36, trading value is about $814 million, and the turnover rate is about 23%.
The catalyst hasn’t changed: The Clearing House chose Quant’s technology to support its on-chain bank deposit transfer network, which will open in the first half of 2027.
Total supply is about 14.88 million units; scarcity is strong. A single whale appeared with 645 trades per day exceeding $100,000.
How to read the red-green distance
The “red-green distance” mentioned here refers to the distance between the current price and a key support/resistance level.
262—268: near the 24-hour low, this is the first short-term accumulation/absorption zone.
260: the next psychological support. If you pull back to here, watch whether it can quickly get back up.
280: the first resistance/turning point on the rebound. Only if it stands back above here does the short-term trend turn more bullish again.
300 / 327: reclaim 300 first, then look at the prior high at 327.
Now the price is not far from 260, and also not far from 280. It’s a level where both bulls and bears are watching.
If there is a rebound with volume from around 260 and the red distance widens, it suggests the support/absorption is effective. If it breaks below 260 and can’t get back up, the green distance widens—then you should protect yourself first in the short term.
funding rate
Contract funding rates are currently overall slightly positive. They are roughly between 0.0005%—0.045% across exchanges.
This indicates that bullish sentiment is already in control, and the shorts are no longer pressuring the price like before.
But a positive funding rate also means: the cost of chasing longs is higher. Don’t blindly rush in—it's better to wait for a pullback confirmation or a breakout with volume.
historical levels and trapped positions
QNT historical all-time high: $426.95. It’s still below that historical high right now.
Near the 2021 high, a large amount of trapped positions accumulated. So the closer it gets to 330—370—400, the heavier the release/sell pressure for getting out of those positions.
This leg surged quickly from the low. With profit-taking and historically trapped positions overlapping, the consolidation will be extremely volatile.
How to watch today
Hold 260—268 and rebound with volume: the short-term absorption is effective; first look at 280.
Reclaim 280 with volume: bulls regain the initiative. Then watch 300 and 327.
If it breaks below 260 and can’t reclaim it: the short-term momentum turns weaker. Protect first—don’t stubbornly hold on.
If it pushes up toward 300—327: watch for profit-taking pressure and historically trapped positions.
In this kind of high-volatility market, don’t go all-in betting on the direction. Wait for the order book to give a signal—it's more reliable than trying to guess the top and bottom early $QNT $MOVR $龙虾