Hereโs a concise technical breakdown of $SQD /USDT Perpetual Futures
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๐ $SQD
/USDT Market Summary
Metric Value
Last Price $0.16367 โฌ๏ธ (+4.35%)
Mark Price $0.16384
24h High / Low $0.16421 / $0.14295
24h Volume (SQD) 39.80M
24h Volume (USDT) $6.03M
Current Volume 1.94M (near moving average)
MA(5) 1.95M
MA(10) 1.94M
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๐ Technical Overview
โ Price Action
Price is just below the 24h high ($0.16421), showing bullish momentum.
Daily performance is strong with +4.35%, indicating a potential breakout or continuation rally.
๐ Volume & Averages
Current volume aligns almost exactly with MA(5) and MA(10), suggesting stable activityโbut no real surge yet.
No divergence from average volume โ momentum is controlled, not explosive.
๐ Key Technical Levels
Level Type Price (USDT) Note
Resistance 1 0.16421 24h High
Resistance 2 0.16799 Next overhead sell zone
Resistance 3 0.16925 Psychological/top resistance
Current Price 0.16367 Testing top of range
Support 1 0.15822 Minor intraday level
Support 2 0.15272 Key previous bounce
Support 3 0.14295 24h Low
๐ Bullish Trade Setup (Breakout)
Entry: Break above $0.16421 with volume
Target: $0.16799 โ $0.16925
Stop-Loss: Below $0.15822
Risk Level: Medium (low volume breakout risk)
๐ Bearish Rejection Setup
Entry: Failure to break $0.16421 + bearish candle
Target: $0.15822 โ $0.15272
Stop-Loss: Above $0.165
Confirmation: Sell wick + RSI or MACD crossover (if using indicators)
๐งญ Trend Snapshot
Factor Status
Short-Term Trend Bullish
Momentum Building slowly
Volume Neutral
Volatility Moderate
Bias Cautiously Bullish
โ Conclusion
SQD/USDT is showing solid bullish movement, pushing up toward key resistance at $0.16421. If broken on increased volume, it could quickly run toward $0.169. But if price stalls here without confirmation, a retracement to $0.158โ$0.153 is likely.
> ๐ฏ Strategy Tip: Wait for a strong candle close above $0.1642 + volume spike for confirmation. Avoid chasing within the resistance range.
