#sqd $SQD ๐จ๐จ๐จ๐๐
๐ โCharts donโt lie โ support respected again. Breakout next?โ
The price is currently holding above a major support zone near 0.060โ0.061. This level has acted as a strong bounce zone before, and the price is testing it again.
๐ Bullish Scenario:
If the price holds above 0.061 and breaks with volume, the next targets could be:
0.068
0.075
0.085+
๐ Bearish Scenario:
If the price breaks below 0.058, then the next support zone is around:
0.053 โ 0.050
โ ๏ธ Right now, the market is in consolidation mode โ avoid rushing into trades without a clear breakout.
๐ฏ Trade Plan (Simple & Clear):
Entry: Only if price breaks and holds above 0.061โ0.062
Stop Loss: 0.057
Targets: 0.068 โ 0.075 โ 0.085