Price Position and Structural State
Quantum (Q) closed at 0.02443 USDT on August 28, 2026, down 0.11%. The asset now sits in a sideways structure near the top of its 55-day range. Current 55-day support is near 0.016152 USDT, with resistance near 0.02866 USDT. A daily close above 0.02866 USDT would confirm an upside regime shift. A rejection near resistance would keep price inside the range.
Moving Averages and Trend Context
Q is trading above all key moving averages, but the move is still early rather than stretched. MA9 at 0.022444 USDT stands as the first moving-average support area to watch. Price sits 13.60% above MA50, within a historical range of -50.95% to 118.67%. The structure is positive, but price remains close to its moving-average base, which limits extension risk for now.
Trading Friction and Price Efficiency
Q shows moderate trading friction, with a 3-day friction score of 37.9. 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 increased +9.58% in one day, showing fresh leverage entering the market. OI sits near the middle of its 60-day range, so the move adds leverage from a normal base rather than from a stretched one.
Funding is positive on the 24-hour average at +0.009278%, with the 7-day average also positive at +0.005611%. This shows sustained long-side cost pressure across both short and medium windows.
The long/short ratio is 1.78, showing more long accounts than short accounts. It sits near the middle of its 60-day range, so this is a long tilt without clear historical crowding.
Correlation, Beta, and Index Relationship
Q 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 | -0.002 | -0.005 | 0 | Inverse linkage |
| 60D | -0.001 | -0.003 | 0 | Inverse linkage |
| 180D | -0.075 | -0.276 | 0.006 | Inverse linkage |
Momentum, Volatility, and Indicator Pressure
Q has active volume inside a compressed structure. 20-day Volume Z-score is 1.15. ATR% reads 9.24, close to the bottom of its full historical range, and Bollinger Band width% reads 23.59, close to the bottom of its full historical range. Participation is present, but price has not started moving freely yet.
Momentum is stronger. RSI is 59.95, ROC14 is +11.68%, and MACD histogram is positive. These readings point in the same direction: upside pressure is active across momentum and multi-day acceleration.
The read is constructive but early: momentum is strong, but price is still inside a compressed volatility structure. A cleaner expansion with volume would make it more meaningful.
Broader Market Regime
The Sigloid Index remains in a bullish regime, showing broad strength across the market. Q has a weak link to that market condition, so price behavior depends more on its own structure than on the broader market trend.
Key Levels for the Next State Change
For Q, the next structural shift depends on range boundaries. A daily close above 55-day resistance at 0.02866 USDT establishes a bullish regime, while a daily close below 55-day support at 0.016152 USDT confirms a bearish regime.