SQD Just Printed a “God Candle” — Here’s What the Market Is Really Saying
Subsquid ( $SQD ) is back on traders’ radar after a sharp breakout that sent price exploding over 50% in a single day. Trading around $0.066, SQD has broken out of a long consolidation zone with heavy volume, a classic sign of fresh momentum entering the market.
This move isn’t random. SQD is positioning itself at the center of the AI agent economy, providing high-speed, decentralized blockchain data. Recent ecosystem growth, including deeper AI integrations and expanded chain support, has strengthened the long-term narrative. New exchange exposure has also boosted liquidity and visibility, fueling this surge.
From a trading perspective, momentum remains bullish, but conditions are overheated. Aggressive traders may look for continuation toward the $0.075–$0.08 zone, while safer entries often come after pullbacks toward prior support near $0.055. Chasing vertical candles carries risk — patience usually pays.
Overall, SQD is showing strong trend strength, but cooling or consolidation would be healthy before the next leg.
