$SQD pushed strongly from the 0.038–0.040 demand zone with minimal hesitation this time. The reclaim of the 0.048 area looks solid, especially considering how choppy price action was earlier — momentum has clearly improved and the move is significant.
In the near term, 0.05 is the key level to watch. Price was previously rejected there, so a pause or reaction is possible. As long as $SQD holds above 0.045, the structure remains healthy. A loss of that level would likely send price back into consolidation rather than continuation.
