Quant’s QNT token moved back above $300 on Sep. 30 after a sharp pullback late in the month, as traders reassessed the rally that followed a major infrastructure announcement tied to tokenized deposits in the U.S.

According to TradingView data cited in the source report, QNT traded at $302.26 on the day after ranging between $262.36 and $329. The rebound came after The Clearing House said Quant would provide technology for its planned On-Chain Money Initiative, a network intended for clearing and settling tokenized bank deposits.

Recovery follows steep swing from recent peak

QNT opened the session at $266.80 and added $35.46 by the time it was quoted at $302.26, recovering the $300 level after retreating from a late-September high near $373. Even after that bounce, the token remained about 19% below the recent peak.

On the weekly timeframe, the source article placed QNT near $303.38 against a weekly low of $195.35, implying a rebound of roughly 55% from that low. The latest move leaves the token well above where it traded for months before the breakout, but still short of reclaiming its recent high.

Breakout changed QNT’s trading range

The move above $300 comes after an unusually fast expansion in price. Before the breakout, QNT had spent months trading mostly between $50 and $90, according to the report. The late-September surge then pushed the token through successive levels at $100, $150, and $250 before topping out near $373.

A subsequent sell-off pulled QNT back toward $200, and the latest rebound has returned the token to the upper end of that broader post-breakout range. That backdrop matters for short-term trading because it leaves QNT between nearby support and resistance zones rather than in clear price discovery.

Momentum indicators remain positive, but resistance is close

Several technical readings cited in the source remained constructive on Sep. 30. TradingView’s daily relative strength index stood at 81.90, still above the conventional overbought threshold of 70 even after easing from a prior spike. The MACD line was also positive, indicating continued momentum behind the move back above $300.

On the longer timeframe, weekly Chaikin Money Flow was positive at 0.35. At the same time, the weekly Murrey Math overlay placed QNT between $281.25 and $312.50, with the token above the lower level but not yet holding above the next band. That leaves $312.50 as an immediate resistance area, with $329 also in focus.

The report added that TradingView levels above the market were $312.50 and $329, followed by $343.75 and then the late-September peak near $373. A move below $281.25 would shift attention back to lower support zones, including a liquidation cluster around $278, the daily low near $262, and the weekly $250 level.

Liquidation map shows pressure on both sides of $300

CoinGlass data in the report showed QNT rising from around $250 to roughly $327 before retreating toward $300. The most visible liquidation bands above the market were concentrated near $324 to $327, with additional zones around $320 and $330 to $333.

Below the market, the strongest band sat near $278, with other concentrations around $271 to $273 and $260 to $263. By the end of the period reviewed in the article, QNT was fluctuating around $300 to $303, effectively positioned between major upper and lower liquidation zones.

Clearing House timeline offers fundamental backdrop

The recovery in QNT followed an announcement from The Clearing House on Sep. 24 that Quant had been selected to provide technology for the On-Chain Money Initiative. The planned network is intended to support the clearing and settlement of tokenized bank deposits.

The organization said the network is expected to become available to participating institutions in the first half of 2027. The uses outlined in the announcement included corporate treasury, liquidity management, cross-border payments, and digital-asset settlement.

For now, the next confirmed levels highlighted in the source remain largely technical: $312.50 and $329 overhead, then $343.75 and the recent high near $373 if momentum continues. On the downside, a break below $281.25 would put nearby support concentrations back into focus.

Source: crypto.news