SQD Accumulates at Multi-Week Low – Long Setup
🟢 $SQD - LONG
Trade Plan:
Current Price: ~$0.03372
Entry Zone: 0.0328 - 0.0346
SL: 0.0315
TP1: 0.0365
TP2: 0.0390
TP3: 0.0425
The chart reveals SQD holding a major multi-week demand zone inside the green Entry Zone with strong buy volume absorption and the early formation of a higher low. Our Entry Zone at 0.0328-0.0346 captures the accumulation area. The Stop Loss at 0.0315 sits below the demand zone low. Upside targets at TP1 $0.0365, TP2 $0.0390, and TP3 $0.0425 align with the next resistance cluster. This LONG setup has high conviction because the multi-week demand zone has held with clear absorption and bullish structure is beginning to form.
Is SQD about to break out from this long-term accumulation?
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DYOR & manage risk!