$SQD / USDT — EXPLOSIVE BULLISH BREAKOUT | MOMENTUM OVERRIDES RESISTANCE
$SQD has printed a high-velocity breakout, ripping +50% in a single session and decisively reclaiming the MA(7) and MA(25) with strong volume confirmation. This is a trend ignition move, not a random spike. As long as price holds above the former base, the structure favors continued upside expansion toward higher resistance zones.
🚀 TRADE SETUP
Entry Zone (Buy Pullbacks): $0.062 – $0.070
Take Profit 1: $0.0868
Take Profit 2: $0.1045
Take Profit 3: $0.1180 – $0.1220
Stop Loss: $0.0515 (below breakout base & structure)
🔎 SHORT MARKET OUTLOOK
Momentum is extremely bullish, with trend flipping aggressively after a prolonged compression phase. The $0.060–$0.062 zone is now key demand—holding it keeps bulls in full control. A clean break above $0.087 opens the door to a mean reversion push toward MA(99) near $0.095+ and higher extensions. Only a loss of $0.052 would invalidate the bullish thesis.
#SQD #Subsquid #CryptoTA #BullishBreakout #Altcoins
