QNT recently experienced a strong breakout on the 1-hour chart. Starting from the bottom range of $72-$74, the price launched a fierce rally, successfully turning the previous resistance level into support.

This rapid surge demonstrates a clear bullish sentiment in the market. However, after the aggressive upward move, QNT has begun to show signs of a pullback. At this stage, it is crucial to see whether the price can hold the newly formed support zone — this will directly determine whether the upward trend can continue or if it will enter a consolidation phase. The recent performance is worth ongoing attention.