$SQD USDT — New Update Market Post (Time 11:26)
SQD currently trading around 0.032 – 0.034 USDT zone with weak momentum and low
#volume MEXC +1
#Market structure shows recent downtrend continuation after rejection from higher levels
#Price still below short term resistance indicating sellers control
Project fundamentals remain strong as Subsquid (SQD) is a Web3 data infrastructure token used for blockchain indexing and analytics
CoinMarketCap
#Market in consolidation after drop
#Support holding near 0.031
Resistance near 0.035
Break above resistance can trigger short term bullish move
Failure at resistance will continue sideways to bearish trend
Trade setup
Entry zone 0.031 to 0.033
Take Profit 0.035
Take Profit 0.038
Stop Loss 0.029
Short view
SQD still weak but approaching key support
Breakout needed for bullish momentum otherwise slow grind expected