Quant (QNT) is currently priced at $69.32, reflecting a significant 24-hour decline of -6.09%. The daily trading range has been relatively tight, with a low of $69.35 and a high of $74.29, indicating bearish pressure as it trades near the lower end of this range.

The trading volume over the last 24 hours stands at approximately $15 million, translating to a volume-to-market cap ratio of 1.49%. This low volume suggests a lack of strong buying interest at current levels, contributing to the downward price movement observed recently.

From a technical perspective, moving averages are trending downwards, with the 8 SMA at $70.31 and the 55 SMA at $72.32, indicating a bearish short-term outlook. The RSI metrics further corroborate this sentiment, with the 1-hour RSI at 34, suggesting the asset is oversold, while the 7-day RSI at 50 indicates indecision in the medium term.

Despite the recent downturn, the 7-day price change shows a slight recovery of 5.09%, which may provide some support; however, the 30-day price change of -12.63% highlights the broader downtrend. The all-time high of $427.42 remains significantly distant, emphasizing the current bearish sentiment and the need for a trend reversal to regain investor confidence.

Considering the technical indicators and recent price action, the recommendation is to Hold QNT at this time. While oversold conditions may present a potential buying opportunity, the lack of strong buying interest and bearish trend signals warrant caution before making new purchases.