Price Position and Structural State
Quant (QNT) closed at 204.48 USDT on October 15, 2026, down 0.27%. The asset now sits in a sideways structure inside its 55-day range. Current 55-day support is near 57.26 USDT, with resistance near 374.5 USDT. Price is near the middle of the range, so the market has no clear structural edge until it closes outside these levels.
Moving Averages and Trend Context
QNT is trading below short-term moving averages while still holding above longer-term support. MA9 at 228.98 USDT may cap short-term recovery attempts, while MA50 at 136.017 USDT remains the more significant structural support area. The structure resembles a pullback within a broader trend more than a full trend failure.
Trading Friction and Price Efficiency
QNT shows high trading friction, with a 3-day friction score of 19.7. The score combines price progress, wick rejection, and volume confirmation. Recent candles show contested movement, with weak price progress or heavier wick rejection. In this condition, moves near support or resistance carry less weight until price closes more cleanly.
Open Interest, Funding, and Positioning
Open interest fell -8.55% in one day, showing clear position reduction. 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 +0.004590%, while the 7-day average is -0.006862%. This shows fresh long-side cost pressure rather than a sustained build across the week.
The long/short ratio is 0.87, 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 shows weak linkage to the broader crypto market (Sigloid Index). Correlation is limited, and R² indicates that index behavior explains only a small portion of its movement. This suggests price action is largely driven by asset-specific factors rather than broader market direction. 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 | 0.153 | 0.924 | 0.023 | Weak linkage |
| 60D | 0.172 | 0.678 | 0.03 | Weak linkage |
| 180D | 0.196 | 0.561 | 0.038 | Weak linkage |
Momentum, Volatility, and Indicator Pressure
QNT is moving more day to day, but participation remains weak. ATR% reads 14.54, near the upper side of its full historical range, while Bollinger Band width% reads 50.56, near the lower side of its full historical range. 20-day Volume Z-score is -0.62.
Momentum is mixed. RSI is 51.96, ROC14 is -16.58%, and MACD histogram does not confirm a clean direction. Indicator pressure remains uneven.
The read is incomplete, so support, resistance, and the daily close matter more than the indicator setup.
Broader Market Regime
The Sigloid Index remains in a sideways regime, showing no clear broad market direction. QNT has a weak link to that market condition, so price behavior depends mainly on asset specific structure rather than the broader market.
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 374.5 USDT establishes a bullish regime, while a daily close below 55-day support at 57.26 USDT confirms a bearish regime.