SQD/USDT – Bullish Reversal in Sight with Target at $0.20After a prolonged downtrend, SQD/USDT has reached a significant support zone between $0.13–$0.137, where a local bottom appears to be forming. The WT_LB oscillator is showing a positive divergence — price is making lower lows while the indicator is making higher lows — which often signals a potential reversal. The price is beginning to consolidate above the support, with early signs of strength emerging through small breakouts. If the pair breaks above the $0.15–$0.16 resistance range, momentum could accelerate, potentially driving the price toward the $0.20 target, aligning with the previous high from early July.
Potential TP: 0.20 USD
SQDUSDT.P trade ideas
SQD/USDT 100%!!After retracing nearly 55% from its listing highs on major exchanges, SQD/USDT is now showing signs of stabilization and forming a major support zone between $0.14 – $0.15. On the 4H timeframe, the price structure is shifting bullish with higher highs (HH) and higher lows (HL) starting to form, suggesting accumulation and early trend reversal.
Entry Zone: Current price down to $0.14 (DCA zone)
Target Zone: $0.26 – $0.27 (liquidity area)
Stop Loss: Below $0.133 (invalidation of support structure)
This setup offers a solid risk-reward opportunity as price begins reclaiming key levels. A strong 4H breakout above recent highs could trigger momentum toward the target zone.