SQD recent trading activity shows a significant anomaly, with trading volume on the 30-minute K-line surging by 267.2%. The current price is reported at 0.09261 USDT. From a technical perspective, the key support level is locked at 0.08982, which is also the current 1-hour chart's benchmark reference point.
The sharp increase in trading volume usually indicates a potential market initiation. In the short term, focus on whether the price receives support near the support level. If bullish, consider a long position around 0.08982, setting the take-profit target at the resistance zone above at 0.09879.
This type of volume surge often carries certain signaling significance. It is worth closely monitoring SQD's subsequent price performance, especially whether the trading volume can sustain at high levels.
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RugPullProphet
· 6h ago
267% surge in transaction volume? Is this real, or does it feel like the big players are just accumulating again?
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CommunitySlacker
· 6h ago
267% surge in transaction volume; this move could either be the big players starting to accumulate or a sign of a trap for retail investors. Let's see if the support can hold.
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MerkleDreamer
· 7h ago
267.2%? That's a pretty crazy multiplier, but trading volume is often deceptive; it depends on whether it can stabilize afterward.
Is SQD really about to take off this time, or is it another trap to harvest retail investors? I have no idea.
Support is at 0.08982. Anyway, I don't dare to buy in now. Let's wait and see.
Can the trading volume sustain? That's the key—without volume, everything is pointless.
Feels like another trap to lure more buyers. Stay alert.
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GweiObserver
· 7h ago
Can sqd break 0.1 this time? Feels like the 267% volume is a bit intense.
SQD recent trading activity shows a significant anomaly, with trading volume on the 30-minute K-line surging by 267.2%. The current price is reported at 0.09261 USDT. From a technical perspective, the key support level is locked at 0.08982, which is also the current 1-hour chart's benchmark reference point.
The sharp increase in trading volume usually indicates a potential market initiation. In the short term, focus on whether the price receives support near the support level. If bullish, consider a long position around 0.08982, setting the take-profit target at the resistance zone above at 0.09879.
This type of volume surge often carries certain signaling significance. It is worth closely monitoring SQD's subsequent price performance, especially whether the trading volume can sustain at high levels.