#Subsquid $SQD just posted a sharp +28% daily gain, now trading at $0.1935 after bouncing from an intraday low of $0.1526. The chart shows a clean breakout pattern, with price briefly pushing above $0.22 before retracing and stabilizing.

What’s happening?

- Momentum kicked in after a quiet start to the day

- Multiple higher lows formed, leading to a vertical push

- The move was backed by volume — not just a wick

Technical Snapshot:

- Current Support: $0.17– $0.18

- Near-term Resistance: $0.22

- Trend Bias: Short-term bullish, with cooling signs after peak.

This kind of price action often draws in short-term traders — but whether SQD can hold above $0.19 and build a new range will likely determine the next leg.

What’s your take — early breakout or just another spike? Drop your thoughts below while I'm fascinated about The idea of cryptoeconomic security for fixed income products via DOR in #Treehouse . It's essentially building a secure, decentralized way to establish benchmark rates. So, with Treehouse, when you deposit ETH or liquid staking tokens, you get tETH back. This tETH isn't just a receipt; it actually helps secure the DOR consensus mechanism for setting benchmark rates. Pretty neat design,

curious to see how this plays out in the wider market as $TREE is surging, up +400%.