Quant (QNT) is approaching its final price decline before a massive rally toward $1,000, according to widely followed trader Vuori Trading
In a post on X, the trader described QNT’s current market structure as the last “dump phase” before a major rally. Vuori Trading identified $173 as a level to watch, arguing that entries closer to it would offer a more favorable position
The trader cautioned that predicting the exact local low is difficult but described $173 as a price “magnet” for Quant
The accompanying daily chart of QNT/USDT highlights $173 as a critical level, marked by a horizontal yellow line extending across the chart. The level marks an important price area the trader expects QNT to revisit during its projected final decline. Notably, it aligns closely with QNT’s 50-day EMA
The chart also shows a recovery after that move, with a white projected price path indicating a gradual advance followed by a stronger upward move
Beyond the anticipated pullback, the chart outlines an ambitious bullish scenario for Quant. The projection points toward a price range of $1,000 to $1,200, with an upward arrow highlighting the potential move
Reaching $1,000 from $173 would be an increase of about 478%, while a move to $1,200 would be roughly 594%. These targets depend on the bullish scenario playing out and are not guaranteed outcomes. At press time, QNT is trading at $250, after surging 240% over the last 17 days
The $173 level is the main focus of Vuori Trading’s analysis. A return to this price would align with his expectation of one final decline before a larger move higher
For context, if Quant revisits $173, current holders would face an additional price decline of approximately 31% from $250. Combined with the drop from the $375 level, this would be about a 54% decline from that earlier price
Meanwhile, given the widespread expectation that QNT’s price could soar toward $1,000, with some comparing its potential trajectory to Bitcoin’s rally, bullish traders may view the anticipated dip as less significant
Analyst Sebastian recently noted on X that QNT had fallen significantly since its rally above $300 and that trading volume had declined. He said the slowdown did not signal a crash but suggested that buying pressure was weakening. Accordingly, without fresh demand, QNT could consolidate or decline toward lower support levels
Meanwhile, The Crypto Authority sees QNT forming a tightening triangle, with a breakout above $300 potentially opening the way to $420. However, a bearish breakdown could send the token back toward the low-$200 range
