Price Position and Structural State
Quant (QNT) closed at 59.94 USDT on August 30, 2026, down 2.31%. The asset now sits in a sideways structure near the bottom of its 55-day range. Current 55-day support is near 55.36 USDT, with resistance near 69.05 USDT. A daily close below 55.36 USDT would confirm a downside regime shift. A hold near support would keep price inside the range.
Moving Averages and Trend Context
QNT is trading below all key moving averages, but the weakness is still early rather than deeply stretched. MA20 at 60.626 USDT stands as the first moving-average resistance area to reclaim. Price sits 2.60% below MA50, within a historical range of -25.68% to 100.99%. The structure is bearish, but downside extension remains inside its normal range.
Trading Friction and Price Efficiency
QNT shows moderate trading friction, with a 3-day friction score of 41.4. The score combines price progress, wick rejection, and volume confirmation. Recent candles show mixed acceptance, so price is moving but still showing some noise. Moves near support or resistance need a cleaner daily close before they carry stronger weight.
Open Interest, Funding, and Positioning
Open interest fell -1.61% in one day, showing some exposure was reduced. OI sits near the middle of its 60-day range, so the move reduces leverage from a normal base rather than clearing an already crowded leverage base.
Funding is positive on the 24-hour average at +0.007171%, with the 7-day average also positive at +0.009360%. This shows sustained long-side cost pressure across both short and medium windows.
The long/short ratio is 1.14, showing near balance between long and short accounts. It sits near the middle of its 60-day range, so account-side positioning looks balanced.
Correlation, Beta, and Index Relationship
QNT remains strongly linked to the broader crypto market (Sigloid Index), but its beta shows lower sensitivity. Correlation confirms that QNT tends to move with the index, while R² indicates that index behavior explains a meaningful share of its movement. Lower beta means price moves with less intensity than the index, not that the relationship is weak. Over the 30-day window, the relationship is stable. Over the 60-day window, the relationship is stable. Over the 180-day window, the relationship is stable.
| Window | Correlation | Beta | R² | Read |
|---|---|---|---|---|
| 30D | 0.684 | 0.646 | 0.468 | Strong, lower beta |
| 60D | 0.64 | 0.573 | 0.409 | Strong, lower beta |
| 180D | 0.413 | 0.436 | 0.17 | Moderate linkage |
Momentum, Volatility, and Indicator Pressure
QNT is showing wider movement, but participation is not fully backing it. ATR% reads 4.67, near the lower side of its full historical range, while Bollinger Band width% reads 19.96, near the lower side of its full historical range. 20-day Volume Z-score is -1.18, showing below-normal participation.
Impulse and acceleration are improving, but broader momentum is still weaker. MACD histogram is positive and ROC14 is +5.47%, while RSI is 45.42.
The read is still incomplete: momentum is improving, but volatility or participation has not confirmed the move strongly enough.
Broader Market Regime
The Sigloid Index remains in a bullish regime, showing broad strength across the market. QNT stays closely linked to that market condition, so broader market strength can support price behavior and keep market direction important for this asset.
Key Levels for the Next State Change
For QNT, the next structural shift depends on range boundaries. A daily close above 55-day resistance at 69.05 USDT establishes a bullish regime, while a daily close below 55-day support at 55.36 USDT confirms a bearish regime.