📉 Rejection from local resistance as momentum turns bearish — continued decline expected

$SQD Sell (SHORT)

📊 Trade plan:

🔹 Entry zone:

0.0323 – 0.0330

🚫 Stop loss:

0.0348

🎯 Targets:

TP1: 0.0315

TP2: 0.0305

TP3: 0.0295

💡 Reason for the trade:

The price faced strong rejection from recent highs and is now forming lower highs with bearish candles.

The break structure indicates a continuation of the decline.

Trade $SQD here 👇🏻

SQDUSDT

Perp

0.0336

-0.29%