🟢 $SQD
SQD Short Liquidation Alert: $4.4549K at $0.03412
⚡ Market Insight:
Short liquidations indicate bearish traders are being squeezed as price moves upward. The $0.03412 level can act as a liquidity trigger—if price holds above it, momentum may continue as more shorts are forced to close.
📈 Trade Idea (Bullish Setup):
Entry: $0.0338 – $0.0343
Stop Loss (SL): $0.0325
Take Profit (TP1): $0.0355
Take Profit (TP2): $0.0370
Take Profit (TP3): $0.0395
🔥 Pro Tip:
A breakout above $0.0341 with strong volume followed by a successful retest holding as support is a strong continuation signal. Watch for expansion in volume to confirm sustained momentum.
⚠️ Short squeezes can lead to fast, impulsive moves—avoid chasing and consider scaling into positions on pullbacks.