**$SQD 3D Read – Discount Zone Alert: Bounce Incoming?**
Price is currently sitting in a juicy discount area inside the most recent swing range, and multiple bullish signals are lighting up on the higher timeframes even though the overall trend remains bearish.
I’m expecting at least a **short-term bounce** from here.
**Long Setup Scenario:**
If price sweeps below **0.02760** (liquidity grab) and reverses sharply with a strong bullish close or clear reversal pattern, it’s game time.
- Entry: On confirmation after the wick below 0.02760
- Targets: **0.03475** → **0.0500** (where supply and FVG are waiting)
- Stop-Loss: Below the swing low created by the liquidity sweep
**Caution for Bears:**
If there’s **no sweep** and price cleanly breaks & closes below **0.02760**, skip the longs. Look for failed retests to join the downside continuation instead.
**Bias Flip Level:**
My bias turns fully bullish only on a strong close **above 0.0500**, which would flip the market structure. Until then, any rally into the **0.05 – 0.115** zone should be treated as a selling opportunity in the bigger downtrend.
Smart money loves hunting stops at discount levels before the real move. Is $SQD setting up for a clean reversal bounce?
What’s your take loading the dip or staying cautious? Let me know below 👇
#CryptoTrading #SQD #Altcoins #SmartMoney #TradingSetup
