🚀 SQD/USDT — decision zone: are we gearing up for a bounce?
After a powerful impulse rise, $SQD has entered a phase of smooth correction and is currently testing a key support area just below the EMA 21/50/100. The price has entered the trend line zone, where a noticeable slowdown in the decline and early signs of seller weakness are already evident. If buyers maintain the current area — the market could quickly shift to a new wave of growth.
📊 What the indicators say:
— RSI (14): 38.27 — close to oversold, potential for recovery.
— Stochastic RSI: 15.31 — deeply oversold, a sharp bounce is possible.
— MACD — selling pressure is decreasing, the market is preparing for movement.
🎯 Trading plan:
Main scenario — long from support.
🔹 Entry points:
• Aggressive: 0.03780
• Conservative: 0.03850 after confirming buyer reaction
🔹 Targets:
0.03950 (+2.6%)
0.04050 (+5.2%)
0.04200 (+9.1%)
⛔ Stop-loss: 0.03600
As long as SQD holds the current support, the priority remains on the continuation of growth scenario. The key moment — price reaction in the EMA zone and volumes on the bounce. 👀
Trading 👉$SQD
After a powerful impulse rise, $SQD has entered a phase of smooth correction and is currently testing a key support area just below the EMA 21/50/100. The price has entered the trend line zone, where a noticeable slowdown in the decline and early signs of seller weakness are already evident. If buyers maintain the current area — the market could quickly shift to a new wave of growth.
📊 What the indicators say:
— RSI (14): 38.27 — close to oversold, potential for recovery.
— Stochastic RSI: 15.31 — deeply oversold, a sharp bounce is possible.
— MACD — selling pressure is decreasing, the market is preparing for movement.
🎯 Trading plan:
Main scenario — long from support.
🔹 Entry points:
• Aggressive: 0.03780
• Conservative: 0.03850 after confirming buyer reaction
🔹 Targets:
0.03950 (+2.6%)
0.04050 (+5.2%)
0.04200 (+9.1%)
⛔ Stop-loss: 0.03600
As long as SQD holds the current support, the priority remains on the continuation of growth scenario. The key moment — price reaction in the EMA zone and volumes on the bounce. 👀
Trading 👉$SQD