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#数字资产市场观察 I looked at the current trend of $SQD, and the price is sitting at 0.09 USDT. Looking down, the green support area is stuck around 0.0587, and I calculated the distance to the 1-hour Benchmark line, which is about 35.93% space. Looking up, the red resistance band is pressing at 0.0988, which is only about 7.88% away from the current position. There is a high probability of oscillating within this range in the short term, and a breakthrough of the resistance level needs to see if the Trading Volume can keep up.
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If the Trading Volume doesn't pick up, this board will have to continue to be stuck.
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A 35% fall space sounds a bit scary, need to defend 0.0588.
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It's another period of range oscillation, when can it break out?
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I feel like volume is the key, without volume everything is in vain.
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This price is stuck at over 9 cents, a bit awkward.
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Breakthrough requires volume, I'm tired of hearing that, just afraid of a bull trap.