QNT Traders Target Retest of Support at $57.40 Before Next Move

Quant (QNT) is currently trading in the mid-range of its long-term channel, hovering near the $103 mark with resistance at $118 and support around $90-$57.40. Despite gains of 0.76% in the last 24 hours, QNT remains down 5.46% over the past week. Analysts suggest that traders should wait for a potential retest of the support level at $57.40 before making significant moves.