🚨 SQD Finally Shows a Pulse — After a Brutal Downtrend
I’m watching $SQD print its first meaningful green move after a long and painful slide from 0.26 all the way down to the 0.05 zone. This entire chart has been dominated by sellers for weeks, every bounce getting crushed, every candle pushing lower. But now, something subtle is shifting.
Price has climbed back above the MA(7), and this is the first sign that momentum is trying to flip. It’s not a full reversal yet — but it’s the spark that often appears before the bigger move. That bounce from 0.055 into 0.068–0.069 shows buyers stepping in with fresh energy after watching the chart fall for far too long.
Here’s what matters now:
If SQD holds above 0.065, bulls gain confidence and the next target becomes the 0.09 resistance near the MA(25).
Breaking 0.09 is where the real trend shift begins — that opens the door toward 0.11–0.13, right where the MA(99) sits.
But if SQD drops back under 0.060, this bounce becomes just another weak attempt, and price can revisit the 0.055–0.050 region again.
This moment feels emotional — that tiny spark at the bottom that makes traders think “maybe this is the start.” It’s early, fragile, and risky, but the chart is finally showing life after being dragged down for so long. Stay alert, watch the support, and don’t ignore the first heartbeat of a potential reversal.
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