Quant crypto faces $191 test – Why QNT’s recovery remains at risk

As Quant's price [QNT] remains stuck near $195, it appears that the continued downward trend is too strong to recover from. Since plummeting from nearly $300 in late September, Quant has given back most of what was recovered. This simply means current buyers are now trying to protect the lower end of the support zone around $191-$195. However, each rebound seems to stall before breaking through the downward trend line, suggesting that numerous sellers were willing to sell the lows. If Quant holds above $191, then it could create enough stability to allow buyers to test psychological resistance at $200. A successful test at $200 should give enough momentum to begin to challenge the horizontal resistance just north of $220.

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