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Quant (QNT) falls 25% after big rally despite key bank partnership news

Market News
11 Nov 2026, 13:00 WIB
AMBCrypto
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Bearish
Quant (QNT) falls 25% after big rally despite key bank partnership news

Quant (QNT) dropped nearly 25% in the past month following a 534% rally after The Clearing House, a major bank-owned payments firm, chose it for interoperability in its On-Chain Money Initiative. This partnership highlights QNT's role in institutional asset tokenization but the token recently broke below a key technical support, signaling a short-term bearish trend. Support levels at $178, $160, and $126 are critical, with potential for further declines before any recovery. Overall, the partnership keeps sentiment positive despite near-term price weakness.

Quant (QNT) trades at Rp3.233.837 on Pluang as of Nov 11, 2026 18:23 WIB, down 5.09% in the last day. Despite the recent price drop noted in the article, Pluang data shows a nearly balanced order activity with 49% selling and 51% buying, and a typical hold time of 64 days. The market cap stands at Rp39,31 trillion with 24-hour volume reaching Rp2,04 trillion, reflecting ongoing interest in QNT amid its recent partnership news.

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