$SQD Market Update!
SQD just went through a long liquidation of $1.49K at $0.1981, showing that leveraged buyers were forced out as price pressure built. This shakeout often signals uncertainty but can also open the door for a sharp reversal.
Levels to Watch:
• Support: $0.192 → holding here keeps the bullish structure alive.
• Resistance: $0.205 → breakout above this range could spark upside momentum.
Trend Insight:
The liquidation highlights weakness, but SQD is hovering near an important support area. A strong defense here may lead to a rebound, while failure could drag the price into lower territory.
Trading Plan:
• Buy Zone: $0.193 – $0.198 (accumulation area)
• Target 1: $0.203
• Target 2: $0.208 (if momentum strengthens)
• Stop Loss: Below $0.190 for risk management.
Watch price action closely around $0.192—this level will decide whether SQD bounces or breaks lower.
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