$QBTS rallied sharply after AT&T expanded its use of D-Wave’s quantum technology.

In an early application, AT&T reduced a network-optimization workload from roughly one hour to under 15 seconds.
That is meaningful validation, but no financial terms were disclosed. It proves the use case more than near-term revenue growth.
Technically, the rally broke above the most recent short-term resistance, but the broader 4H downtrend remains intact below $21.50–$22.50.
Price is now sitting at the lower edge of the $18.50–$20 decision zone.
Acceptance above $20 followed by a higher low would put $21.50–$22.50 in focus. Reclaiming that area would provide stronger structural confirmation and open $23.50–$25.
A pullback could first test $17.50–$18, while sustained trading below $16–$16.50 invalidates the bullish reversal setup.
AT&T validated the technology. Now price has to validate the move.