Quant (QNT) is currently trading at $82.14, reflecting a 24-hour change of -2.33%. The daily trading range has been between $80.19 and $85.28, indicating relatively stable price action despite the recent decline.

The volume for the past 24 hours stands at 23,684,703 QNT, representing a volume-to-market cap ratio of 1.98%. This suggests moderate trading activity, but the decrease in price may indicate profit-taking or bearish sentiment among traders.

Technical indicators show that the hourly moving averages are generally trending upwards, with the 55 SMA at $79.85 showing the most significant increase of 2.87%. The 1-hour RSI is at 58, suggesting that QNT is nearing overbought territory, while the 7-day RSI at 56 indicates a neutral position.

In terms of price momentum, the 7-day price change of approximately 9.07% and the 30-day change of 11.94% highlight a positive trend in the medium term. However, the recent price decline could signal a potential correction, particularly given that the asset is well below its all-time high of $427.42.

Considering the current price action, technical indicators, and market sentiment, a cautious approach is advisable. The combination of moderate volume, upward-moving averages, and neutral RSI readings suggests that while there is potential for recovery, immediate upside may be limited in the short term.

Overall, the recommendation for Quant (QNT) is to Hold. This position allows investors to maintain exposure while monitoring for clearer bullish signals or a potential breakdown below key support levels.