$SQD after reaching a high of 0.10806, has been falling like a deflated balloon. The 4-hour, 1-hour, and 15-minute candlestick charts all show signs of a downtrend. The bulls have been exhausted at the top, and currently the bears are clearly in control.

Right now, the coin price is fluctuating between 0.095 and 0.10. If it cannot effectively break through the resistance above 0.10, a downward test of the bottom is highly probable. Can the support at 0.093 hold? That's hard to judge. The volatility of small-cap coins determines their temperament, and the current bearish signals are quite clear. If you have trading ideas, consider shorting on rallies, with a stop-loss set above 0.108. Focus first on the 0.093 level; if it truly breaks below, testing 0.09 is not impossible.

Frankly, in this kind of trend, chasing longs offers low returns. Instead, following the bearish momentum might bring some gains. However, the nature of small-cap coins makes them unpredictable, so avoid over-trading and prioritize risk management.