Traders, $SQD is showing rejection near the $0.0500 resistance area after a sharp pump. A pullback looks possible if sellers maintain control.

$SQD — SHORT

Entry: $0.05002–$0.0501
TP1: $0.0480
TP2: $0.04660
TP3: $0.04510
SL: $0.05203

Why? Price is extended after the breakout and facing resistance near $0.0500–$0.0520.

Bias: Bearish below $0.0500.

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