SQD just surged by 11.59%, with the open interest also increasing by 13.04%, reaching 14.82 million USD. The current price is 0.13064 USD, corresponding to a market cap of 102 million USD. The simultaneous breakthrough of price and volume indicates strong market momentum, likely driven by the entry of major funds or a sudden change in sentiment.
The key is whether 0.13 USD can hold. If it can stabilize, it may be the starting point for a new round of market activity.
Do you think SQD will continue to rise, or is it likely to be knocked down?
$SQD
SQDUSDT
Perp
0.04503
-2.19%