Quant eyes $146 as inverse H&S breakout fuels bullish reversal hopes

QNT shows the first signs of a bullish reversal, with a potential reversal and shoulder head motif forming on the graph.

According to Crypto.News data (Qnt) jumped out of 10% in the last 24 hours, reaching an intra -day summit of $ 106.67 on the morning of May 27. This decision pushed its market capitalization to approximately $ 1.55 billion, placing the QNT almost 80% above its hollow of the year.

The daily negotiation volume has also increased by more than 200%, reaching more than $ 50 million. Meanwhile, its open interest increased by $ 43% to $ 22.9 million, its highest level since February, referring to a strong wave of speculative activity.

The recent increase in momentum has followed a announcement From the CEO, Gilbert Verdian, who revealed that the Overledger merger will begin to deploy in June 2025. The new upgrade, described as a “layer 2.5” network, introduces multiple rolls, secure intelligent interfers and improved confidentiality tools, all intended to help blockchains work gently with business systems and failure applications.

According to, the objective is to correct the main points of pain that have slowed down the institutional adoption of public blockchains, such as the risk of conformity, data confidentiality problems and poor scalability. By authorizing higher assets and data movements between private and public channels, the merger could call on banks, fintech companies and other organizations exploring the integration of blockchain.

This update seems to have drawn the attention of the market, because it describes a clearer roadmap to find out how when plans to extend its role in the interoperability of the blockchain. Although it is still at the beginning, traders can react to the potential of a wider adoption, in particular with involvement in initiatives Like the digital euro.

Adding to the bullish case, health data shows daily active addresses on the network for 47% in the last day, highlighting an increase in user activity and commitment.

From a technical point of view, QNT printed on Monday an updated swallowing candle, confirming an escape from the head and reverse shoulder model on the daily graphic. This escape is supported by a golden crossing between the exponential mobile averages of 50 days and 200 days, as well as a fresh MacD crossing, the two signals which generally suggest a reinforced optimistic trend.

If the escape holds, the model projects an increase of increase of approximately 42.3% compared to the neckline around $ 102, placing the price of courses nearly $ 146. This is also aligned with the level of fibonacci retracement of 78.6%, adding more weight to this target.

That said, there are a few areas of resistance along the way, $ 114 marks the retracement by 50%, and $ 127 represents the level of 61.8%, which could both act as minor obstacles during the climb.

On the other hand, if QNT goes back below $ 102, the increased configuration could be invalidated. In this case, the price could withdraw to the $ 91 support zone before finding a new direction.