$SQD D1 DOUBLE TOP - SHORT TARGET 30 WITH A TEXTBOOK STRUCTURE 📉
Short $SQD 📉
Target: 30 🎯
Stop Loss: 50 🛑
The D1 double top on $SQD is a pristine liquidity grab. The rejection from those highs is textbook - a clear institutional footprint. The kind of structure that typically precedes a slow bleed of trapped longs. 📉
With the stop-loss defined at 50 and a target resting at 30, the risk-to-reward profile is exactly what a desk sizes into with confidence. We are watching order flow push price down toward that 30 target, absorbing sell-side liquidity along the way. 🎯
Who else is running the short, or are you waiting for a lower high confirmation first?
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #SQD #SmartMoneyConcepts #Trading #Crypto #ShortSetup
📉⚡
Short $SQD 📉
Target: 30 🎯
Stop Loss: 50 🛑
The D1 double top on $SQD is a pristine liquidity grab. The rejection from those highs is textbook - a clear institutional footprint. The kind of structure that typically precedes a slow bleed of trapped longs. 📉
With the stop-loss defined at 50 and a target resting at 30, the risk-to-reward profile is exactly what a desk sizes into with confidence. We are watching order flow push price down toward that 30 target, absorbing sell-side liquidity along the way. 🎯
Who else is running the short, or are you waiting for a lower high confirmation first?
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #SQD #SmartMoneyConcepts #Trading #Crypto #ShortSetup
📉⚡