$SQD SHORT
1. A bearish setup with emphasis on the sellers’ ongoing upward pressure and cautious accumulation of positions.
2. The local RSI indicator on minute timeframes dropped into the oversold zone to 24.6, hinting at a possible slowdown in momentum before the move continues.
3. Open interest shows a steady increase across all intervals, up to 1.5% on the 30-minute chart, reflecting participants’ interest in the current scenario.
🔹Entry zone: 0.04636$
🎯Take 1: 0.04561824$
🎯Take 2: 0.04413472$
🎯Take 3: 0.0426512$
🎯Take 4: 0.0398696$
🎯Take 5: 0.027816$
⛔️Stop: 0.04839984$
📈 RSI14: m1 24.6 • m5 41.7 • m15 48.7 • m30 52.6
📊 VOL: m1 $265.5K • m5 $260.1K • m15 $1.1M • m30 $1.1M
🧲 OI: now $2.9M • 5m +0.9% • 15m +0.4% • 30m +1.5%
⚠️ This is not financial advice. Trade at your own risk. DYOR.
#SQD #ionet #Home 📈
$SQD
1. A bearish setup with emphasis on the sellers’ ongoing upward pressure and cautious accumulation of positions.
2. The local RSI indicator on minute timeframes dropped into the oversold zone to 24.6, hinting at a possible slowdown in momentum before the move continues.
3. Open interest shows a steady increase across all intervals, up to 1.5% on the 30-minute chart, reflecting participants’ interest in the current scenario.
🔹Entry zone: 0.04636$
🎯Take 1: 0.04561824$
🎯Take 2: 0.04413472$
🎯Take 3: 0.0426512$
🎯Take 4: 0.0398696$
🎯Take 5: 0.027816$
⛔️Stop: 0.04839984$
📈 RSI14: m1 24.6 • m5 41.7 • m15 48.7 • m30 52.6
📊 VOL: m1 $265.5K • m5 $260.1K • m15 $1.1M • m30 $1.1M
🧲 OI: now $2.9M • 5m +0.9% • 15m +0.4% • 30m +1.5%
⚠️ This is not financial advice. Trade at your own risk. DYOR.
#SQD #ionet #Home 📈
$SQD