$SQD is showing strong signs of a breakout after a period of quiet accumulation.

Buyers have engaged strongly, reversing the market structure in a single powerful move. This indicates real demand, not just a fleeting price spike.

To maintain continuous upward momentum, $SQD needs to hold above the support area of 0.055–0.058. Pullbacks in this range are likely to encounter buying pressure.

The immediate target for $SQD appears to be around 0.075–0.085. A sustained push above this could lead to further price increases towards 0.10+.

Early positioning in coins like SQD shows that this type of accumulation and breakout often proves beneficial, as they may not offer many re-entry opportunities.