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Quant (QNT) Dips To Test Key Support — Could This Pattern Trigger an Rebound?

Quant (QNT) Dips To Test Key Support — Could This Pattern Trigger an Rebound?

Coinsprobe2025/12/21 09:06
By: Coinsprobe
QNT+3.44%ETH+0.56%SUN+0.74%

Date: Sun, Dec 21 2025 | 08:56 AM GMT

The broader cryptocurrency market has remained under pressure over the past several weeks, following the sharp sell-off that began on October 10. That corrective phase dragged Ethereum (ETH) down by nearly 23% over the last 60 days and weighed heavily on overall market sentiment. While many altcoins have struggled to stabilize, Quant (QNT) has shown relative resilience, posting only a modest decline and holding above a historically important support zone.

From a technical perspective, the daily chart suggests that QNT may be approaching a critical decision point, with price action forming a recognizable structure that could influence its next directional move.

Quant (QNT) Dips To Test Key Support — Could This Pattern Trigger an Rebound? image 0 Source: Coinmarketcap

Head and Shoulders Pattern Takes Shape

On the daily timeframe, QNT appears to be carving out a head and shoulders formation, a well-known pattern that often signals a potential trend shift once the neckline is tested. Earlier in the structure, QNT formed the left shoulder before rallying sharply to its head near the $100 region. From there, price reversed lower and slid back toward the neckline, located around the $70 support zone.

This $70 area has proven to be a strong demand zone in the past, repeatedly attracting buyers and preventing deeper declines. The recent move into this region was met with a noticeable reaction, as reflected by the long lower wick on the chart. That rejection from support pushed price back toward the $78 level, suggesting that buyers are actively defending the neckline and potentially forming the right shoulder of the pattern.

Quant (QNT) Dips To Test Key Support — Could This Pattern Trigger an Rebound? image 1 Quant (QNT) Daily Chart/Coinsprobe (Source: Tradingview)

The behavior around this zone is critical. A successful defense of the neckline often opens the door for a relief rally, especially if broader market conditions stabilize.

What’s Next for QNT?

For bullish momentum to build, QNT needs to reclaim the 50-day moving average, currently sitting near $83.73. This level now acts as a key short-term resistance, and a daily close above it would signal a shift in momentum back in favor of buyers.

If that recovery unfolds, the chart points toward a potential move into the $95.90 region. Such a move would represent a rebound of roughly 22% from current levels and align with the typical reaction seen during the right-shoulder phase of this pattern. A rally of this nature would not only ease recent selling pressure but also place QNT back into a more neutral technical posture.

That said, the setup remains delicate. If the $70 neckline support fails to hold on a sustained basis, the head and shoulders structure would remain bearish, opening the door to further downside and extending the corrective phase. For now, all eyes remain on how price behaves around this key support and whether buyers can regain control above the moving average.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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