Quant (QNT) is currently trading at $69.02, reflecting a modest 1.02% increase over the last 24 hours. The price has oscillated between a daily high of $70.84 and a low of $68.33, showcasing a daily range of 2.51% which indicates relatively low volatility in the short term.

Volume stands at approximately 11.09 million, representing a trading volume to market cap ratio of 1.10%. This suggests that trading activity remains stable but not particularly high, indicating a cautious market sentiment among traders.

Looking at the hourly moving averages, the 8 SMA, 13 SMA, and 21 SMA are all positioned below the current price, indicating a short-term bearish trend with declines of 0.52% to 1.20%. In contrast, the 144 SMA is above the current price, signaling a longer-term bearish sentiment as well, with a decline of 1.93%.

The RSI metrics present a mixed picture; the 1-hour RSI is at 34, indicating potential oversold conditions and short-term selling pressure. Conversely, the 7-day RSI is at 51, which suggests that the asset is currently neutral and not overbought or oversold in a longer timeframe.

Over the past week, QNT has gained 0.88%, showing signs of stabilization after a more significant decline of approximately 14.69% over the past month. Despite the recent improvements, the asset remains far from its all-time high of $427.42, which adds to the bearish outlook in the long term.

Considering the technical indicators and current price action, a cautious approach is warranted. The mixed signals from the RSI, coupled with a bearish trend in moving averages and the significant drop from the all-time high, lead to a recommendation of Hold. This position allows for potential upside while monitoring for clearer bullish signals in the coming weeks.