**$SQD ** (Subsquid) on the 1-hour timeframe shows a very healthy bullish recovery. After bottoming out at **0.035822**, the price has printed a series of higher highs and higher lows, currently trading at **$0.041292** with a strong **+9.65%** gain.

The price action is currently consolidating just below the recent local peak of **0.042473**. This consolidation above previous resistance levels suggests that the bulls are in control and gathering strength for the next leg up. If the price successfully breaks and closes above **0.0425**, we could see an accelerated move as it enters a new value area. The steady trend line indicates sustained buying interest rather than a speculative spike.

**Target 1:** 0.044500

**Target 2:** 0.047800

**Target 3:** 0.052000

#SQD #Subsquid #BinanceSquare #TechnicalAnalysis #Web3Data

SQDBSC
SQDUSDT
0.04012
-0.34%