$SQD just wiped out shorts at $0.10922, a clear sign that sellers were caught leaning the wrong way. When short liquidations hit at support, it usually marks the start of a fresh impulse because forced buying fuels continuation. Price is now showing strong acceptance above the breakdown zone, which shifts the bias back to bullish.
This is not a random bounce. It is a structural recovery where buyers are slowly reclaiming control and momentum is quietly rebuilding under the surface.
EP: $0.107 – $0.111
TP1: $0.118
TP2: $0.128
TP3: $0.142
SL: $0.101
SQDUSDT
Perp
0.06135
-6.70%