đŠ SQUID IS STILL SEARCHING FOR A BOTTOM
SQUID is near 0.0818 on the 1H chart after declining from 0.097â0.100. The market keeps printing lower highs and lower lows, so the current sideways action looks more like stabilization than a confirmed reversal.
đ STRUCTURE
The 0.087â0.088 zone has acted as resistance. Price broke below it, retested and continued lower. That makes 0.087 the first level bulls need to reclaim.
Price is now close to 0.080. A higher low here could start a recovery attempt, but the chart needs more than one green candle to change character.
đŻ LEVELS
TP1: 0.0870
TP2: 0.0940
TP3: 0.1000
Stop Loss: 0.0780
Reclaiming 0.087 would be the first improvement. Above 0.094, the lower-high structure starts to weaken, while 0.100 would signal a stronger reversal attempt.
If 0.080 fails, I would expect another test of the lows before assuming buyers are ready to take control.
â WHAT IâM WATCHING
The cleaner setup is a base around 0.080, followed by a higher low and a reclaim of 0.087. I would rather wait for that sequence than guess the bottom.
đ EXECUTION SIDE
S T O N fi fits here as a separate infrastructure angle, not as a claim that SQUID is available through STONfi. Omniston can use RFQ-based execution, where resolvers compete with executable quotes. This adds a route-selection layer instead of relying on one price source.
That matters when liquidity changes quickly: the best-looking price is not always the most executable one, and route competition can matter when depth is uneven.
The chart is SQUID. The execution discussion is separate.
đ FINAL READ
Below 0.087, I remain cautious. Reclaim it and 0.094 becomes interesting. Lose 0.080 and the downside structure remains active.
For now, I want confirmation, not a bottom call. The next reaction around 0.087 should tell us whether sellers are still absorbing every bounce.
NFA â DYOR đ
$QUID
SQUID is near 0.0818 on the 1H chart after declining from 0.097â0.100. The market keeps printing lower highs and lower lows, so the current sideways action looks more like stabilization than a confirmed reversal.
đ STRUCTURE
The 0.087â0.088 zone has acted as resistance. Price broke below it, retested and continued lower. That makes 0.087 the first level bulls need to reclaim.
Price is now close to 0.080. A higher low here could start a recovery attempt, but the chart needs more than one green candle to change character.
đŻ LEVELS
TP1: 0.0870
TP2: 0.0940
TP3: 0.1000
Stop Loss: 0.0780
Reclaiming 0.087 would be the first improvement. Above 0.094, the lower-high structure starts to weaken, while 0.100 would signal a stronger reversal attempt.
If 0.080 fails, I would expect another test of the lows before assuming buyers are ready to take control.
â WHAT IâM WATCHING
The cleaner setup is a base around 0.080, followed by a higher low and a reclaim of 0.087. I would rather wait for that sequence than guess the bottom.
đ EXECUTION SIDE
S T O N fi fits here as a separate infrastructure angle, not as a claim that SQUID is available through STONfi. Omniston can use RFQ-based execution, where resolvers compete with executable quotes. This adds a route-selection layer instead of relying on one price source.
That matters when liquidity changes quickly: the best-looking price is not always the most executable one, and route competition can matter when depth is uneven.
The chart is SQUID. The execution discussion is separate.
đ FINAL READ
Below 0.087, I remain cautious. Reclaim it and 0.094 becomes interesting. Lose 0.080 and the downside structure remains active.
For now, I want confirmation, not a bottom call. The next reaction around 0.087 should tell us whether sellers are still absorbing every bounce.
NFA â DYOR đ
$QUID