【$SQD Signal】Pullback to Long + 1H Rebound Confirmation, Main Force Clearly Protecting the Market

$SQD On the 1H timeframe, after yesterday's sharp surge, the price is currently in a healthy retracement and consolidation phase, supported near the 1-hour EMA20, forming a buildup structure. The 4H timeframe has strongly broken through the previous consolidation range, indicating a trend reversal to bullish. Although the current price has slightly pulled back, the open interest remains stable, with no signs of large-scale capital fleeing, indicating that the main force is still in the market. This pullback presents an excellent second-entry opportunity.

🎯Direction: Long

⚡Entry/Order: 0.03920 - 0.04008

🛑Stop Loss: 0.03800

🚀Target 1: 0.04350

🚀Target 2: 0.04580

🛡️Trade Management:

- Execution Strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the remaining position's stop loss up to the entry price. If the price strongly breaks through Target 2, consider holding some profits to seek greater gains.

(Depth Logic: The 4-hour chart shows that after a volume breakout, the price has remained above the key moving averages, maintaining a solid bullish structure. The 1-hour RSI has fallen from overbought territory to a healthy zone, preparing for another upward move. Market depth data shows unusually thick buy orders around 0.0414, forming a strong support wall, while sell pressure above is relatively dispersed, conducive to an upward breakout. Combined with stable open interest and positive funding rates, this is not a pump-and-dump but a typical bullish consolidation phase. )

View real-time market 👇 $SQD

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