Quant (QNT) is currently priced at $78.90, reflecting a 5.04% increase over the last 24 hours, which is notable in the context of recent price fluctuations. The daily range indicates a solid level of volatility, with a high of $79.29 and a low of $74.63, suggesting strong trading activity.

The trading volume over the past 24 hours stands at approximately $19.27 million, which corresponds to 1.68% of the market cap, indicating healthy liquidity. Short-term moving averages (8 and 13 SMA) are trending positively, with increases of 2.65% and 2.66%, respectively, suggesting bullish momentum in the near term.

The 1-hour RSI is currently at 64, indicating that the asset is nearing overbought territory, while the 7-day RSI of 55 suggests a more neutral position over the past week. This discrepancy indicates that while short-term momentum is strong, there could be potential for a pullback if upward pressure fails to sustain.

In terms of price changes, the 7-day price increase of approximately 8.80% contrasts sharply with the 30-day decline of around 18.55%, illustrating a recent recovery phase after a prolonged downtrend. The ability of QNT to break through resistance at previous highs will be crucial for sustained bullish momentum.

Given the current technical indicators and the recent positive shift in sentiment, the asset shows potential for further gains in the short term. However, traders should remain cautious of the overbought signals from the RSI, which may lead to increased volatility or corrections.

Based on the analysis, I assign a "Hold" rating for QNT at this time. While there are bullish signals in the short term, the potential for a pullback coupled with the longer-term downtrend suggests that investors should be vigilant and ready to adjust positions as market conditions evolve.