Quant Price Climbs 3% After Losing Half Its September Gains
Quant (QNT) is up about 3% on Sunday, trading near $185 after buyers stepped in at the 0.618 Fibonacci level following a slide of more than 50% from its peak.
A round trip to the golden pocket
QNT’s September surge carried it from a base near $55.6 to a spike high near $373, a gain of roughly 570%. At Sunday’s intraday low of about $177.9, the pullback had retraced about 61% of that rally, right at the 0.618 level, before buyers pushed price higher while the token is still holding above all three of its daily moving averages despite the slide..
| Given back at current price: ~59% of the rally | Still held: ~41% |
In Fibonacci terms, that is a test of the golden pocket, the zone between the 0.618 and 0.65 retracements of a move and one traders often watch during deep pullbacks within a trend. On this chart, it runs from about $167 to $177.
The 50-day SMA backs up the pocket
Just beneath the pocket, the 50-day SMA sits near $162 and is climbing steeply after the rally. Together, the two form a demand zone from roughly $162 to $177, and as long as QNT holds above it, the breakout structure built in September stays valid.
Levels on the map
Here is where the key levels sit relative to the current price.
Upside levels
0.5 Fib · ~$214 · +16% · first level to reclaim
0.382 Fib · ~$252 · +36% · caps relief rallies
0.236 Fib · ~$298 · +61% · where the breakdown began
Rally peak · ~$373 · +101%
Safety nets
Golden pocket · ~$167–$177 · −4% to −10%
50-day SMA · ~$162 · −13%
0.786 Fib + 100-day SMA · ~$112–$124 · −33% to −40%
200-day SMA · ~$91 · −51%
Momentum has cooled, not collapsed
RSI hit extreme overbought readings during the spike to the peak. The correction has pulled it back to about 46, a touch below its signal line near 50 and close to the neutral midpoint, so the overstretched momentum that preceded the drop has largely been worked off.
Our read: a reset, not a reversal
The slide from the peak looks less like a trend failure and more like a reset of a move that ran too far, too fast. The surge came on heavy volume and stretched price far above its averages, and with momentum now back near neutral, a return toward the rising 50-day SMA fits that picture. Buyers at the pocket are effectively treating the pullback as a discount within the new trend.
If the demand zone holds, QNT can shift from a spike-and-slide pattern into a base built on higher lows.
The other reading is less forgiving. Vertical spikes often retrace most of their gains, and so far the bounce is a single green candle off the low.
What bulls need to see
| ☐ | A daily close above the 0.618 Fib near $177, confirming buyers are treating the pocket as support |
| ☐ | RSI crossing back above the 50 midpoint |
| ✕ | Deal-breaker: a daily close below the 50-day SMA near $162, the one signal that may invalidate the reset thesis |
From the Golden Pocket: Two Ways This Plays Out
Scenarios, not forecasts
Setup
QNT sits just above the pocket, with the 50-day SMA as its last line of support.
Upside
If both boxes on the checklist get ticked, a rebound could test the 0.5 Fib first and the 0.382 Fib after that.
Downside
If the deal-breaker is triggered before the end of October, a deeper retracement toward the 0.786 Fib and the 100-day SMA could follow.
Bigger picture
The longer-term trend turned bullish during the rally, and the 100- and 200-day SMAs still sit far below price. Even the 0.786 zone is more than double the base the rally started from, so that trend would only come into question on a slide toward the 200-day SMA.
This article is provided for informational purposes only and does not constitute financial advice. Cryptocurrency prices are volatile.
Kosta has reported on cryptocurrency markets and blockchain infrastructure since 2020, bringing over six years of hands-on experience in the crypto industry built through daily tracking of markets, trends, and emerging blockchain developments. Specializing in Bitcoin on-chain analysis, institutional ETF flows, and digital asset price action, his work at Coindoo has been cited by other news agencies and consistently covers market developments with a focus on data-driven reporting across Bitcoin, Ethereum, Solana, and XRP. Over the years, Kosta has contributed to multiple crypto media outlets in different regions, authoring over 6,000 articles across the sector. His reporting spans cryptocurrency markets and the broader fintech industry, tracking not only price action but also the technological and regulatory forces shaping the ecosystem. To support his analysis, Kosta actively leverages on-chain data and metrics from leading platforms such as Santiment, Glassnode, and CryptoQuant, enabling deeper, evidence-based market insights. He believes in the power of transparency and the data that underpins the blockchain ecosystem. His academic background in Marketing Management from Denmark further complements his analytical approach, adding a strong understanding of communication strategy and content positioning to his work.
