Technical Analysis

QNT Technical Analysis February 1, 2026: Support and Resistance Levels and Market Commentary

QNT

QNT/USDT

$70.20
+1.36%
24h Volume

$16,940,576.85

24h H/L

$71.03 / $63.48

Change: $7.55 (11.89%)

Funding Rate

+0.0100%

Longs pay

Data provided by COINOTAG DATALive data
QNT
QNT
Daily

$70.12

1.62%

Volume (24h): -

Resistance Levels
Resistance 3$80.628
Resistance 2$76.8345
Resistance 1$73.1057
Price$70.12
Support 1$68.9833
Support 2$63.48
Support 3$51.2699
Pivot (PP):$69.9933
Trend:Downtrend
RSI (14):42.5
EW
Emily Watson
(01:34 PM UTC)
5 min read
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Despite its modest daily 2.83% rise, QNT is advancing towards the critical $63.48 support zone in its dominant downtrend, while Bitcoin's sharp drop is creating additional pressure on altcoins – if these levels break, a sharp correction may be inevitable.

Market Outlook and Current Situation

Quant (QNT) is trading at $70.13 as of February 1, 2026, recording a 2.83% rise in the last 24 hours and moving within the $63.48 - $71.36 range. Daily trading volume came in at $18.16 million, which remains relatively low compared to the overall market decline and indicates that buyers have not yet made a strong entry. QNT's dominant trend continues downward; the price, stuck below EMA20 ($75.39) in recent weeks, reinforces short-term bearish signals. Bitcoin's nearly 5% losses across the market are deepening weakness in altcoins, and interoperability-focused projects like QNT are also taking their share of this wave.

From a multi-timeframe (MTF) perspective, a total of 12 strong levels were identified across 1D, 3D, and 1W charts: 2 supports and 4 resistances on 1D, 1 each on 3D, and 4 supports and 3 resistance confluences on 1W. This convergence suggests QNT could experience a volatile session in the near term. The volume decline confirms the price's tendency to consolidate around the $70 band, while QNT spot analyses also give a similar sideways signal. Historically, QNT has experienced 30-50% pullbacks during market corrections; triggers for a similar scenario are ready at the current position.

Overall market sentiment is neutral-bearish; while Quant's blockchain interoperability solutions are valuable in the long term, short-term macro pressures (e.g., regulatory uncertainties and rising BTC dominance) are capping the price. Breaking above the upper band of the last 24-hour range at $71.36 could provide short-lived relief, but more confirmation is needed for a trend change.

Technical Analysis: Levels to Watch

Support Zones

The most critical support level stands out at $63.4800 (score: 79/100); this level forms a strong base from recent lows on the 1D chart and is reinforced by MTF confluence. If the price pulls back here, high bounce potential exists if accompanied by volume increase – but in case of a breakdown, the next bearish target at $35.7380 (score: 20) could come into play. The second key support is at $68.9317 (score: 75/100); located just below the current price, this zone overlaps with pivot points from recent sessions and will test short-term buyers.

On the 1W timeframe, an additional 4 support confluences could prevent weakness below $63.48; according to historical data, this level held firm during the fall 2025 correction. Investors should monitor these supports via QNT futures and adjust their stop-loss strategies accordingly.

Resistance Barriers

The first resistance is positioned at $73.1057 (score: 67/100); this barrier, just above the current $70.13, could attract short-term sellers due to its proximity to EMA20. In case of a breakout, $80.6280 (score: 73/100) and the Supertrend resistance pair at $86.1327/$86.30 will come into play – these levels are supported by 4 strong resistances on 1D.

Additional resistance confluences on 3D and 1W make the $86 area a strong ceiling; in a bullish scenario, $108.3700 (score: 28) stands as a distant target, but with low probability. A 50%+ increase in volume is required for the price to challenge these resistances.

Momentum Indicators and Trend Strength

RSI (14) is hovering at 42.49 in the neutral zone; while distant from oversold (below 30), it reflects bearish momentum with no divergence signal. The MACD histogram is negative and maintaining the bearish crossover, with the MACD line below the signal line confirming weakening trend strength. The EMA hierarchy is disrupted: price is below EMA20 ($75.39), with EMA50 and EMA200 higher up – this is a classic downtrend configuration.

The Supertrend indicator is giving a bearish signal and highlighting $86.30 resistance; ADX (average directional index) around 25 indicates moderate trend strength. On MTF, the 1W Supertrend also being bearish reinforces long-term weakness. The Volume Oscillator signals low volume, while OBV (On-Balance Volume) is in a downward trend – indicating weak buyer accumulation. In the short term, RSI approaching 50 could be a precondition for a momentum surge.

Risk Assessment and Trading Outlook

With risk/reward ratio calculated from current levels, the bearish target at $35.7380 (approx. 49% downside) appears balanced against the bullish $108.3700 (54% upside), but low scores (20 vs 28) require caution. Under downtrend dominance, short positions look attractive at $73 resistance; longs require a hold at $63.48. Volatility is high – ATR (Average True Range) has been widening recently, so prepare for sudden spikes.

The overall outlook is bearish-leaning; QNT recovery may remain limited as long as BTC pressure continues. In a positive scenario, a $73 breakout opens the path to $80s, while a break below $63 leads to deep losses. Risk management is critical: risk 2-5% of your portfolio, use trailing stops. Even without market news flow, Quant Network updates could be a trigger.

Bitcoin Correlation

With Bitcoin at $78,626 down 5.07% and sustaining its downtrend, altcoins like QNT are under additional pressure due to high correlation (0.85+). BTC's critical supports are at $77,808, $75,720, and $64,655; breaks below these would accelerate QNT below $63.48. Conversely, breaks above BTC resistances at $78,679, $80,721, and $83,160 could trigger an altcoin rally – BTC's bearish Supertrend signal imposes caution mode for QNT.

QNT's dependence on BTC remains decisive in the short term despite being an interoperability project; as BTC dominance rises, outflows from alts are expected. If BTC drops below $75,720, the probability of an additional 10-15% drop in QNT increases.

This analysis uses the market views and methodology of Chief Analyst Devrim Cacal.

Trading Analyst: Emily Watson

Short-term trading strategies expert

This analysis is not investment advice. Do your own research.

EW
Emily Watson

Expert technical analysis and market insights. Follow us for the latest cryptocurrency analysis.

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