$SQD is currently maintaining a bullish outlook. Recent positive developments include Rezolve AI launching the new "Revenue Pools" mechanism on December 29 (linking corporate expenses with token rewards), successfully listing on LATAM exchanges on December 11, and the subsequent airdrop event on December 30 which significantly boosted trading volume. Community sentiment remains quite optimistic.

From a technical perspective, the 4-hour SAR support at 0.08853 is performing steadily, and the MACD red histogram continues to expand, indicating that bullish momentum still exists. However, note that the RSI has reached 81.57, which is indeed in the overbought zone, but there are no signs of a short-term reversal yet.

For light trading participation, it is recommended to set stops at 0.1020 USDT, with targets in two stages—first aiming at 0.1180 USDT to assess the situation, then considering 0.1250 USDT. The key is to strictly adhere to your trading discipline and avoid arbitrary adjustments.

It’s important to clarify the risks: cryptocurrency derivatives inherently carry high leverage and volatility, so all trading decisions should be based on your risk tolerance and not follow the crowd blindly.