The recent surge of SQD starting from 0.082 has left some interesting marks on the 4-hour chart. The volume has been very tight, especially after breaking through 0.088, with a clear acceleration, indicating that large institutions are indeed sweeping up positions.

This kind of rapid upward movement that leaves no room for breath usually has a straightforward logic — quickly moving away from the cost basis. The current small adjustments seem more like a cleaning process at the high level, shaking out those indecisive follow-up traders through oscillations up and down. Once the 1-hour bullish divergence forms, it can be confirmed that this is an organized accumulation breakout.

The main force is not rushing to continue pushing the price higher but is instead exchanging and switching chips around 0.097, gradually waiting for a downward test to verify the support’s authenticity. For short-term trading, focus should be on the performance of support around 0.092 — whether this level can hold directly impacts the subsequent trend.