$SQD (SQDUSDT Perp) – Short-Term Market Observation
Based on the attached chart, SQD has made a sharp recovery from the ~$0.038 support area and is now trading around $0.098. The move happened with high volume, which usually indicates strong participation rather than a random spike.
-What’s clear from the chart:
-Price broke above previous consolidation levels
-Volume increased significantly during the move
Supertrend has turned bullish after a long bearish phase
Things to be careful about:
The price has moved up very fast, so a pullback or sideways consolidation is normal
Chasing at the top carries higher risk
Support zones will matter more than predictions from here
For now, SQD looks strong, but sustainability will depend on how price behaves after this impulse move.
Not financial advice. Always do your own research.
#SQD #SQDUSDT #CryptoMarket #AltcoinAnalysis #BinanceSquare
