๐ข $SQD / USDT Long Setup ๐
Strong Impulse โ Healthy Consolidation โ Continuation Bias
SQD has printed a sharp bullish impulse followed by a tight consolidation near highs โ a classic bullish continuation structure. As long as price holds above the demand zone, upside expansion remains likely.
๐ Trade Plan (Long):
Entry Zone: 0.0665 โ 0.0675
Target 1: 0.0728
Target 2: 0.0800 โ 0.0841
Stop Loss: 0.0542
๐ Technical Confluence:
Strong impulsive breakout (high momentum candle cluster)
Consolidation above previous resistance โ support flip
Higher highs & higher lows on 15m
Volume expansion during breakout phase
โ ๏ธ Risk Management:
Book partial profits near 0.0728
Trail SL to breakeven once price holds above 0.0705