$SQD Perpetual – Momentum Expansion Phase

SQDUSDT has entered a strong momentum expansion after reclaiming previous supply zones with convincing volume. The sharp 24-hour upside move reflects aggressive participation from short-term traders, but structure still favors continuation as long as price holds above the breakout base. Market sentiment around SQD has shifted from speculative to trend-following, which often invites follow-through moves rather than immediate reversals.

From a technical perspective, the key support zone sits between 0.058 and 0.060. This region previously acted as resistance and now serves as the first demand area. As long as price sustains above this zone, the bullish structure remains intact. Immediate resistance is located near 0.072, followed by a broader liquidity zone around 0.080 where profit-taking pressure may increase.

Trade opportunities favor pullback entries rather than chasing green candles. Conservative long setups can be considered on retracements toward support, while aggressive traders may scale partial profits near resistance levels to manage volatility risk.

Professional insight suggests monitoring funding rates and open interest closely. A rapid rise in open interest without price continuation may signal overheating, while steady OI growth alongside consolidation often precedes the next impulse.