$SQD is testing a key position on the daily chart - the medium term of the trend channel.
Since the chart shows a significant drop of -29.51%. SQD has been in a downward adjustment phase. Recently, the price is at $0.06452 and soon hits to the target $0.06432.
From a technical perspective, whether this medium term support around $0.06452 can hold will directly determine the directional choice of subsequent trends.
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$SQD is testing a key position on the daily chart - the medium term of the trend channel.
Since the chart shows a significant drop of -29.51%. SQD has been in a downward adjustment phase. Recently, the price is at $0.06452 and soon hits to the target $0.06432.
From a technical perspective, whether this medium term support around $0.06452 can hold will directly determine the directional choice of subsequent trends.
#SQD #Rmj-Trades