Rejection from local resistance and a downward shift in momentum is expected… 📉
💥 $SQD – Short Sell (SHORT)
📌 Trading plan:
🔹 Entry area: 0.0323 – 0.0330
🔹 Stop loss: 0.0348
🎯 Profit taking targets:
• TP1 → 0.0315
• TP2 → 0.0305
• TP3 → 0.0295
❗ Why this setup?
The price faced strong rejection from recent highs and is now forming lower highs with bearish candles. The technical structure indicates a continuation of the expected decline.
👇 Buy and trade $SQD now
SQDUSDT
Perp
0.03332
+0.27%