370% September rally back in focus: Quant Price Forecast following 50-day EMA rebound

• $189 is Quant’s approximate trading level on Monday. Following a 6% rebound the previous day, the token remains above its 50-day EMA near $171.
• Above $90 million, stabilising Open Interest points to resilient retail demand for QNT derivatives.
• $171 remains the key 50-day EMA level for Quant as its near-term technical bias shifts from bearish to neutral and selling momentum subsides.

$189 is the approximate price of Quant (QNT) on Monday. The token is holding the previous day’s 6% rebound as bulls seek to build on September’s rally. Retail demand for the Decentralized Finance (DeFi) token remains firm, with QNT Open Interest above $90 million. Easing downward momentum leaves scope for a rebound from the 50-day Exponential Moving Average (EMA) near $171.

QNT Retail Demand Remains Resilient

Retail participation remains robust in Quant’s leveraged derivatives market. According to CoinGlass, QNT Open Interest (OI) stands at $92.98 million, compared with $87.90 million the previous day. The increase points to stabilisation after a retreat from $192.16 million on 5 October. As the notional value of outstanding contracts steadies, the spot-price decline and the clearing-out of positions appear to have eased, suggesting traders are anticipating upside.

$200: Can QNT Reclaim This Level? Technical Outlook

Following September’s 370% rally, QNT retains a constructive bullish bias and trades at $189 at the time of writing on Monday. Signs of price stability are emerging near the 50-day EMA at $171. That average remains well above the 200-day EMA at $109, reinforcing the positive longer-term outlook.

Supporting the recovery from the 50-day EMA is the 50% retracement level at $150, calculated from the move between $60 and $373. A confirmed break above the previous week’s $212 high could restart the uptrend and open a path towards the $373 peak.

A narrowing negative histogram and a Moving Average Convergence Divergence (MACD) line sitting slightly below its signal line point to a gradual shift towards sideways trading. Meanwhile, the Relative Strength Index (RSI) is just under the neutral 50 threshold. Together, these signals favour consolidation rather than heavy selling.

Should prices retreat, the first support lies at the 50-day EMA of $171, with additional support from the 50% retracement level at $150.

(The technical analysis of this story was written with the help of an AI tool. Know more.)