🚀 $SQD / USDT – LONG TRADE SIGNAL 🟢
🔥 Market Overview:
After a sharp rejection from the $0.26 resistance, $SQD has now tested a key 4H demand zone near $0.18, where buyers are re-entering the market.
Price action shows early signs of bullish reversal, with selling pressure fading and volume building on the bid side.
A breakout and sustained move above $0.19 could trigger a strong continuation toward upper resistance levels.
📊 Trade Setup (Long Position):
💰 Entry Zone: $0.1840 – $0.1870
🎯 Take-Profit 1 (TP1): $0.1980
🎯 Take-Profit 2 (TP2): $0.2140
🎯 Take-Profit 3 (TP3): $0.2320
🛑 Stop Loss (SL): $0.1760
📈 Margin: 2–3% of wallet
⚙️ Leverage: 10x
💡 Market Outlook:
✅ $SQD holding above the $0.18 support keeps the structure bullish.
✅ Volume accumulation and fading sell momentum support a reversal setup.
✅ Breakout above $0.19 can confirm a shift in trend, targeting $0.21 → $0.23 zones.
⚠️ Breakdown below $0.18 invalidates the bullish structure.
⚖️ Risk Management:
📈 Risk-to-Reward Ratio: ≈ 3 : 1
🔁 Move SL → breakeven once TP1 hits.
🚫 Avoid entries without breakout confirmation and sustained volume.
📈 Summary:
✅ Bullish reversal setup forming
✅ Buyers defending key 4H demand zone
🎯 Targets: $0.1980 → $0.2140 → $0.2320
#SQD #USDT #CryptoTrading #LONG