$SQD just suffered a long liquidation flush which usually marks the end of a local down-move.

This type of panic drop clears weak hands and prepares the chart for a recovery phase.

Selling pressure is slowing instead of accelerating lower which is exactly what we want.

If this demand pocket holds, a strong rebound structure can unfold.

EP

Buy between $0.0665 – $0.0705

TP

$0.0750

$0.0840

$0.0990

$0.1250

SL

$0.0608

Wait for base confirmation and ride the bounce $SQD at $0.06933