Quant (QNT) is currently trading at $71.07, reflecting a significant 24-hour decline of 6.37%. The asset has seen a daily price range of $5.79%, with a high of $76.24 and a low of $70.45, indicating heightened volatility in the short term.

The trading volume stands at approximately $24 million, which represents a 2.32% ratio of the market cap, suggesting moderate liquidity. Short-term moving averages indicate bearish sentiment, with the 8 SMA at $72.43 showing a decline of 1.87%, while longer-term averages like the 55 SMA at $76.92 reflect a sharper drop of 7.61%.

The RSI readings indicate oversold conditions, particularly with the 1-hour RSI at 24, suggesting potential for a short-term bounce. However, the 7-day RSI at 43 indicates that the asset is approaching oversold territory but hasn't yet confirmed a reversal signal.

From a longer-term perspective, QNT has seen a 7-day price change of -12.31%, and a 14-day decline of -3.55%, indicating consistent bearish pressure. Despite a slight positive change of 1.31% over the last 30 days, the overall trend remains negative, as the price is significantly lower than its all-time high of $427.42 achieved in September 2021.

Considering the current technical indicators, bearish sentiment is dominant with no immediate signs of reversal. Therefore, the recommendation for Quant (QNT) is to Hold, as the market may require further consolidation before a clearer buying opportunity arises. Monitoring for bullish confirmation in RSI and price action is essential before making any significant investment decisions.