The setup has a mild positive bias, but the reward-to-risk is not clean enough to be aggressive.
In the current Sideways Quiet regime, the best-fit approach is Range trading / mean reversion. The market is balanced and relatively calm, which tends to reward mean-reversion behavior and range trading more than breakout chasing.
Subsquid support and resistance levels highlight key price zones where buyers and sellers are most active. This section helps identify likely breakout areas, pullback support, overhead resistance, and the current trading range so you can evaluate trend continuation, reversal risk, and near-term crypto price direction.
| Level | Zone | Strength |
|---|---|---|
| Support 1 | $0.02634 - $0.03092 | |
| Resistance 1 | $0.03556 - $0.04086 | |
| Resistance 2 | $0.04262 - $0.04640 | |
| Active 1 | $0.03137 - $0.03530 |
SQD clears the resistance zone at $0.03556 - $0.04086 and holds above it. That would strengthen the breakout case and shift attention to $0.04262 - $0.04640.
SQD loses the support zone at $0.02634 - $0.03092. That would weaken the setup and open the way toward $0.02634 - $0.03092.
SQD continues trading between $0.03092 and $0.03556. In that case, range-trading conditions remain active.
Technical indicators help summarize trend, momentum, volatility, and key price levels. They should not be used in isolation, but they can help identify whether a coin is trending, ranging, overextended, or approaching an important support or resistance level.
| Indicator | Value | Signal | Interpretation |
|---|---|---|---|
| SMA50 | $0.03530 | Bearish | SQD is trading below the 50-day average. |
| SMA200 | $0.03497 | Bearish | SQD remains below the long-term trend line. |
| EMA50 | $0.03462 | Bearish | SQD is trading below the 50-day exponential average, which weakens the recent trend. |
| EMA200 | $0.04155 | Bearish | SQD is below the 200-day exponential average, which keeps the longer-term structure under pressure. |
| RSI (14) | 41.68 | Neutral | RSI (14) is at 41.68, which keeps momentum in a balanced range. |
| Stoch RSI (14) | 0.00 | Oversold | Stoch RSI (14) is low at 0.00, which shows momentum is pressing near its recent lower extreme. |
| MACD | -0.0009578 | Bearish | MACD is below its signal line. |
| ATR | 6.29% | Quiet | Volatility is below its 180-day median. |
| VWMA | $0.03326 | Bearish | Price is below the volume-weighted average. |
| Commodity Channel Index (20) | -129.85 | Bearish | CCI (20) is weak at -129.85, which shows price is trading well below its recent average. |
| Awesome Oscillator (5, 34) | $-0.004045 | Bearish | Awesome Oscillator is below zero at $-0.004045, which supports bearish momentum. |
| Williams Percent Range (14) | -98.20 | Oversold | Williams Percent Range (14) is near the bottom of its recent range at -98.20. |
| Bull Bear Power (13) | $-0.0007543 | Bearish | Bull Bear Power (13) is negative at $-0.0007543, which suggests sellers are controlling price relative to the EMA baseline. |
| Ultimate Oscillator (7, 14, 28) | 35.23 | Neutral | Ultimate Oscillator is at 35.23, which suggests momentum is balanced across its short, medium, and long windows. |
| Hull Moving Average (9) | $0.03170 | Bearish | SQD is trading below the Hull Moving Average (9), which weakens the near-term trend. |
| Ichimoku Cloud B/L (9, 26, 52, 26) | $0.03684 | Bearish | SQD is trading below the Ichimoku base line, which points to weaker structure. |
Over the past 7 days, Subsquid price was most positively correlated with the price of Chainlink (LINK), Lido DAO Token (LDO), Pudgy Penguins (PENGU), Optimism (OP) and Bonk (BONK) and most negatively correlated with the price of BitTorrent (BTT), Tezos (XTZ), Raydium (RAY), TRON (TRX) and Venice Token (VVV).
| Name | Correlation |
|---|---|
| Chainlink | 0.937 |
| Lido DAO Token | 0.924 |
| Pudgy Penguins | 0.923 |
| Optimism | 0.919 |
| Bonk | 0.909 |
| Name | Correlation |
|---|---|
| BitTorrent | -0.780 |
| Tezos | -0.758 |
| Raydium | -0.738 |
| TRON | -0.636 |
| Venice Token | -0.536 |
Subsquid price is positively correlated with the top 10 coins by market cap with a price of 0.679, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.542. Currencies that are positively correlated with Subsquid indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with Subsquid, a move in one direction for Subsquid would translate into a move in the opposite direction for the negatively correlated coin.
