I’m going long $SQD if price holds above the key support zone.
Momentum is stabilizing around support, and buyers are starting to defend the 0.0415 area, which is important for continuation.
Trade Setup
Entry Zone:
0.0418 – 0.0421
Stop Loss:
0.0400
Take Profit:
TP1: 0.0435
TP2: 0.0450
TP3: 0.0465
Full Trade Plan
I’m entering only after confirmation that price holds above 0.0415 support.
I’ll scale entries inside 0.0418–0.0421 instead of chasing spikes
Stop loss stays firm at 0.0400 to protect structure break
Partial profits will be taken at each TP level
I’ll let remaining position run only if momentum stays strong above TP1
Why this setup works
This setup is based on a clean support retest after a short consolidation phase.
Key reasons:
Price is holding above a strong demand zone (0.0415 area)
Buyers are actively defending dips instead of letting breakdowns happen
Current structure suggests accumulation before potential continuation
Risk-to-reward is favorable with tight invalidation below support
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Momentum is stabilizing around support, and buyers are starting to defend the 0.0415 area, which is important for continuation.
Trade Setup
Entry Zone:
0.0418 – 0.0421
Stop Loss:
0.0400
Take Profit:
TP1: 0.0435
TP2: 0.0450
TP3: 0.0465
Full Trade Plan
I’m entering only after confirmation that price holds above 0.0415 support.
I’ll scale entries inside 0.0418–0.0421 instead of chasing spikes
Stop loss stays firm at 0.0400 to protect structure break
Partial profits will be taken at each TP level
I’ll let remaining position run only if momentum stays strong above TP1
Why this setup works
This setup is based on a clean support retest after a short consolidation phase.
Key reasons:
Price is holding above a strong demand zone (0.0415 area)
Buyers are actively defending dips instead of letting breakdowns happen
Current structure suggests accumulation before potential continuation
Risk-to-reward is favorable with tight invalidation below support
#JapaneseSecuritiesFirmsCryptoInvestmentTrusts
#BerkshireHeavilyIncreasesAlphabetStake
#SpaceXEyesJune12NasdaqListing
#VitalikMovesETHviaPrivacyPools #DuneCuts25%AmidAIEfficiencyPush