Quant targeting $146 as they are experiencing a bullish breakout following their strong reversal momentum. They formed a textbook inverse head and shoulder pattern that caught the attention of many traders. This pattern has been one of the most reliable bullish reversal formations in technical analysis.

Key-Takeaways:

• Quant targeting $146 after increasing over 10% to $106.67 due to an inverse head and shoulders pattern breakout.
• Bullish momentum comes after CEO Gilbert Veridian announced the Overledger Fusion launch in June 2025. 
• Daily active addresses jumped to 47% while noticing bullish reversal indicators such as the golden cross and MACD crossover. 

Strong Price Action Fuels Optimism

On May 27, 2025, Quant showed impressive performance as it jumped over 10% in 24 hours. They immediately reach an intraday high of $106.67, pushing its market capitalization to approximately $1.55 billion. 

It delivered a nearly 80% recovery from its year-to-date lows. Also leading to Quant targeting $146, given these current numbers.

Moreover, this breakout also boosts the trading activity resulting in a massive daily trading volume. Exploding their number by more than 200% which surpasses $50 million, including their open interest spiking to 43%. It reached $22.9 million which has been their highest level since February.

This sudden increase in speculative activity raises Quant’s visibility to institutional and retail investors. Certainly, the cryptocurrency asset gains interest from traders with this breakout. Making it possible to achieve Quant targeting $146 of price level. 

Overledger Fusion Triggered Momentum

Behind this breakout was CEO Gilbert Veridian’s announcement of the Overledger Fusion launch in June 2025. This “Layer 2.5” network will introduce multi-chain rollups, secure cross-chain smart contracts, and enhanced privacy tools. It seeks to transform the current blockchain interoperability. 

This upcoming Overledger Fusion serves as an incoming upgrade, facilitating smoother integration between private enterprise systems and public blockchain networks. It will be helpful to address compliance risks, data privacy concerns, and scalability issues. They are targeting banks, fintech companies, and other traditional financial institutions exploring blockchain interaction with this.

Technical Analysis Confirms Bullish Setup

Interesting bullish case shown in Quant’s character based on a technical perspective. On Monday, the cryptocurrency printed a bullish engulfing candle, certifying the breakout from the inverse head and shoulders pattern. 

This formation has been significant in presenting a case of reversal from its previous downtrend. 

Also, Quant managed to form a golden cross between its 50-day and 200-day exponential moving averages. It has been a traditional technical signal exhibiting a sustained upward momentum. The MACD crossover confirms this breakout and strengthens the current bullish trend.

With this, Quant targeting $146 from the current inverse head and shoulders pattern. Their projection tells a potential 42.3% upside target from the $102 neckline. The current target also aligns closely with the Fibonacci retracement level of 78.6%.

Key Levels For Traders to Watch

There have been some resistance levels critical to momentum that traders will need to monitor. They have to be wary of a 50% Fibonacci retracement at $114 and a 61.8% level at $127. These numbers can temporarily challenge Quant targeting $146.

Also, a breakdown below the $102 neckline will invalidate the bullish pattern. This can send Quant back to its $91 support zone. Despite the formation and indicators, Quant can still experience rapid reversals. 

Conclusion

Quant targeting $146 price level is likely possible with their current inverse head and shoulder pattern. Many traders have been keeping an eye on this asset, putting them in the spotlight among investors. However, they still have to consistently monitor factors particularly, the Fibonacci retracement level and neckline.