New Version, Worth Being Seen! #GateAPPRefreshExperience
🎁 Gate APP has been updated to the latest version v8.0.5. Share your authentic experience on Gate Square for a chance to win Gate-exclusive Christmas gift boxes and position experience vouchers.
How to Participate:
1. Download and update the Gate APP to version v8.0.5
2. Publish a post on Gate Square and include the hashtag: #GateAPPRefreshExperience
3. Share your real experience with the new version, such as:
Key new features and optimizations
App smoothness and UI/UX changes
Improvements in trading or market data experience
Your fa
SQD's recent trend shows clear bearish characteristics, and technical signals are worth noting.
From a price structure perspective, this coin has been declining since reaching a high of 0.11480, with each rebound showing limited strength. This indicates that the bulls are somewhat exhausted in their defense. The highs are gradually moving lower, which is the most direct sign of a downtrend.
Volume analysis also provides insight. Trading volume is noticeably shrinking, which suggests what? The buying interest in the market is decreasing, while the selling pressure is gaining the upper hand. When trading enthusiasm declines and volume continues to fall, it often indicates that the next price correction could have more room to move.
From these perspectives, SQD is currently in a relatively weak position. If you are monitoring this coin's trend, pay close attention to whether it can break through the recent rebound high. If it continues to fail to hold key support levels, the probability of further decline will increase.