📈 Top Gainer Breakdown — $SQD (Subsquid)
Today’s Move: +19% breakout on heavy volume — top gainer status confirmed.
Why It’s Running:
• Clean breakout out of the ~0.056–0.058 base → sharp expansion leg that triggered fresh buying pressure. Higher highs & higher lows are forming, showing continued buyer control.
• Momentum compressed after the surge; consolidation above breakout zone suggests continuation, not reversal.
Key Levels to Watch:
• Breakout Level (Bullish Trigger): ~0.056–0.058 — flipped to support.
• Current Support: Above ~0.0675 keeps the bullish structure intact.
• Next Resistance Zone: ~0.1148–0.1414 — key supply cluster above recent highs.
Trade Insight:
Bias stays bullish as long as SQD holds above breakout support. Pullbacks into support zones can offer lower-risk entries, with stops below the breakout base. Targets stack through the next resistance cluster for momentum traders.
