Quant ($QNT) Crypto Eyes Major Rally After Harmonic Pattern Breakout
Quant ($QNT) bounces off $95-$100 support, completing a harmonic pattern.
Fibonacci levels target $148.1, $187.1, and $223.3 as bullish milestones.
Analyst VipRoseTr forecasts explosive moves if $223.3 is breached.
Quant ($QNT) crypto is showing signs of significant bullish momentum, with technical analysis indicating a potential breakout, according to analyst VipRoseTr. The cryptocurrency has completed a harmonic pattern and is bouncing off key support zones, suggesting the start of a sustained rally.
“QNT just completed a harmonic pattern and is bouncing off key support zones.” wrote VipRoseTr.
Fibonacci levels highlight $148.1, $187.1, and $223.3 as critical resistance targets for $QNT, with the possibility of an explosive run beyond $223.3.
VipRoseTr emphasizes that recent retracements have created lucrative buying opportunities for Quant. The harmonic pattern, a recognized indicator of trend reversals, has been confirmed as $QNT rebounded from the $95-$100 support zone, coinciding with the 0.786 Fibonacci retracement level.
This key support level has historically acted as a launchpad for upward moves, making the current setup particularly compelling for traders.
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