SQD USDT Trading Moment
๐ Indicators Overview (Standard)
๐น RSI (14)
RSI is generally in the 50โ60 zone
Not overbought
Momentum is weak but positive
๐ RSI is not giving a sell signal, but it is also not a strong buy yet.
๐น EMA
EMA 20: Price is trading around it
EMA 50: Strong intraday support/resistance
EMA 200: Acts as the main trend divider, positioned well above or below current price
๐น Volume
Volume was present during the breakout candle
Currently, volume is drying up
๐ The next strong move is likely to occur with a volume spike
๐ฏ Best Trade Bias (Current)
โ Preferred Direction: LONG (breakout-based)
โ Avoid blind shorts unless rejection is clearly confirmed
๐ข LONG Trade Plan (Safe Setup)
๐ Entry
Enter on a 1H candle close above the recent high / range top
(Upper breakout of consolidation)
โ Avoid entering trades in the middle of the range
โ Stop Loss
Place stop loss below the most recent 1H higher low
๐ฏ Targets
TP1: 1.5R
TP2: 2.5R
TP3: Previous liquidity zone / wick high
๐ป SHORT Trade Plan (Only on Rejection)
๐ Entry
At strong resistance
Confirmed by:
1H rejection candle
Upper wick
Volume spike
โ Stop Loss
Above the rejection high
๐ฏ Targets
Range bottom
EMA 200 (1H)
โ๏ธ Leverage Guide (IMPORTANT)
๐ข Safe Leverage
5x = Best (recommended)
3x = For beginners
Maximum 10x (experienced traders only)
โ Avoid 20x+ leverage
โ Coins like SQD can cause account liquidation quickly due to sharp spikes
๐ฐ Position Sizing Rule
Risk only 1โ2% of your account per trade
If stop loss is hit โ no revenge trading
๐งพ Final Verdict
โ๏ธ Trade Direction:
๐ Long on breakout
๐ Short only on clear rejection
โ๏ธ Leverage:
๐ 5x is safest
๐ 10x maximum with strict stop loss
โ๏ธ Avoid:
โ Trading in the middle of the range
โ Over-leveraging
$SQD
