$SQD delivered a clean bullish breakout and caught late sellers off guard. Around $0.06725, nearly $5.50K in short positions were wiped out as price pushed higher, a classic sign of shorts trapped on the wrong side. When liquidations kick in like this, momentum often feeds on itself.

The structure is now leaning bullish as long as price respects the $0.066 zone. Any controlled pullback or solid hold between $0.066–$0.068 keeps the breakout thesis alive and sets the stage for continuation.

Upside levels are clearly defined. First reaction zone sits near $0.074, followed by stronger resistance around $0.082, with a stretch move toward $0.094 if momentum stays hot and volume follows through.

#USGDPUpdate #USCryptoStakingTaxReview #BTCVSGOLD #USJobsData #CPIWatch