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Quant Bounces Back On Resumption Of The Uptrend

Quant (QNT) has recently encountered resistance near the $150 high and slipped below moving average lines. However, the altcoin has managed to recover from its previous decline, with buyers attempting to push it back above the moving average lines. If successful, QNT is expected to resume its uptrend. On the other hand, if it is rejected at the moving average lines, the altcoin may fall further to $106. Technical indicators suggest important supply zones at $140, $150, and $160, as well as important demand zones at $90, $80, and $70. It is important to note that this analysis and forecast are subjective opinions and should not be considered as financial advice.