$SQD short setup 📉
Price is pushing into resistance around 0.0428–0.0430, but momentum is starting to slow down here.
Entry: 0.0428 – 0.0435
SL: 0.0442
Targets:
TP1: 0.0415
TP2: 0.0405
TP3: 0.0390
Idea is simple if $SQD fails to hold above 0.043, this zone could act as a rejection area and price may rotate back into the mid-range.
Wait for rejection confirmation don’t short into strength 📊
#SQD #SQDTradingCompetition #USIranDealConfirmed #BTCSpotETFNetOutflowsFiveWeeks #BearishYenBetsHitNineYearHigh
Price is pushing into resistance around 0.0428–0.0430, but momentum is starting to slow down here.
Entry: 0.0428 – 0.0435
SL: 0.0442
Targets:
TP1: 0.0415
TP2: 0.0405
TP3: 0.0390
Idea is simple if $SQD fails to hold above 0.043, this zone could act as a rejection area and price may rotate back into the mid-range.
Wait for rejection confirmation don’t short into strength 📊
#SQD #SQDTradingCompetition #USIranDealConfirmed #BTCSpotETFNetOutflowsFiveWeeks #BearishYenBetsHitNineYearHigh