$SQD USDT Analysis (4H Timeframe)
$SQD USDT is showing strong bullish momentum after a clean reversal from the $0.0297 support zone. The price has broken above previous resistance and is now trading around $0.0338, with the Supertrend flipping bullish near $0.0310—indicating a shift in trend. Buyers are clearly in control, and the structure is forming higher highs and higher lows, which supports continuation to the upside.
If the price holds above the $0.0330–$0.0335 area, we can expect further bullish movement. However, a slight pullback is also possible before continuation, as the market has already made a strong impulsive move.
Trade Setup:
Entry: $0.0332 – $0.0338 (or on small dip)
Stop Loss: $0.0310 (below Supertrend support)
Target 1: $0.0348
Target 2: $0.0360
Target 3: $0.0380
Alternative Scenario:
If price breaks below $0.0310, the bullish setup will weaken, and we could see a drop back toward $0.0300–$0.0295.
Conclusion:
The trend is currently bullish, and dips can be considered buying opportunities as long as price stays above key support. Manage risk properly and wait for confirmation before entering.
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$SQD USDT is showing strong bullish momentum after a clean reversal from the $0.0297 support zone. The price has broken above previous resistance and is now trading around $0.0338, with the Supertrend flipping bullish near $0.0310—indicating a shift in trend. Buyers are clearly in control, and the structure is forming higher highs and higher lows, which supports continuation to the upside.
If the price holds above the $0.0330–$0.0335 area, we can expect further bullish movement. However, a slight pullback is also possible before continuation, as the market has already made a strong impulsive move.
Trade Setup:
Entry: $0.0332 – $0.0338 (or on small dip)
Stop Loss: $0.0310 (below Supertrend support)
Target 1: $0.0348
Target 2: $0.0360
Target 3: $0.0380
Alternative Scenario:
If price breaks below $0.0310, the bullish setup will weaken, and we could see a drop back toward $0.0300–$0.0295.
Conclusion:
The trend is currently bullish, and dips can be considered buying opportunities as long as price stays above key support. Manage risk properly and wait for confirmation before entering.
#BTCSurpasses$80K #TrumpUnveilsPlanToEscortHormuzShips #BankofEnglandMayPauseDigitalPound #TrumpSaysIranConflictHasEnded #CryptoVCFundingFalls74%inApril CertiKSaysAprilCryptoHackLossesHit$650M