$SQQQ USDT Bulls Push Higher Watch the $36 Resistance
#SQQQ is trading at 35.89, up 5.28%, and approaching its 24-hour high of 35.91. Momentum is positive, but this resistance zone needs a confirmed breakout before considering further upside.
LONG Setup
- Entry: 35.45–35.60
- Stop Loss: 34.90
- TP1: 36.00
- TP2: 36.50
- TP3: 37.00
Confirmation: A sustained move above 35.91–36.04 could open room for another push. If price loses 35.45, the setup weakens.
I’d avoid chasing the current move and wait for a retest or clear breakout confirmation. SQQQ is a leveraged inverse ETF, so volatility and holding-period risks are significant. Trade cautiously and DYOR.
#SQQQ is trading at 35.89, up 5.28%, and approaching its 24-hour high of 35.91. Momentum is positive, but this resistance zone needs a confirmed breakout before considering further upside.
LONG Setup
- Entry: 35.45–35.60
- Stop Loss: 34.90
- TP1: 36.00
- TP2: 36.50
- TP3: 37.00
Confirmation: A sustained move above 35.91–36.04 could open room for another push. If price loses 35.45, the setup weakens.
I’d avoid chasing the current move and wait for a retest or clear breakout confirmation. SQQQ is a leveraged inverse ETF, so volatility and holding-period risks are significant. Trade cautiously and DYOR.