MerriCrypto(@Bukharitech)'s insights

The price is facing rejection from local resistance, and the momentum has begun to shift downwards — suggesting the continuation of the downward movement.  
📉 **$SQD - Sell**  
**Trade Plan:**  
🎯 **Entry Zone:**  
$0.0323 – $0.0330  
🛑 **Stop Loss:**  
$0.0348  
🎯 **Take Profit Targets:**  
Target 1: $0.0315  
Target 2: $0.0305  
Target 3: $0.0295  
**Why this trade?**  
• The price faced strong rejection from recent highs.  
• Lower highs are forming with clear bearish candles.  
• The price collapse structure supports the continuation of the downward trend.  
Trade $SQD 👇
SQDUSDT
Perp
0.03234
+0.90%

.css-1iqe90x{box-sizing:border-box;margin:0;min-width:0;color:#EAECEF;}The price is facing rejection from local resistance, and the momentum has begun to shift downwards — suggesting the continuation of the downward movement.

The price is facing rejection from local resistance, and the momentum has begun to shift downwards — suggesting the continuation of the downward movement.