【$SQD Signal】Bullish support, sniper rebound

$SQD 1H timeframe just experienced a quick drop, but the price was rapidly pulled back at 0.0326. The buy wall below is very thick, and the capital support is fully exposed. The MACD histogram on the 4H chart has turned positive from negative, indicating bullish momentum is beginning to accumulate.

🎯Direction: Long

⚡Entry: Enter immediately near the current price of 0.03296, or place a pending order at 0.03280 for a trap.

🛑Stop Loss: 0.03214

🚀Target 1: 0.03410

🚀Target 2: 0.03475

🛡️Trade Management:
- Execution Strategy: After reaching the first target, reduce half of the position, and move the remaining stop loss up to the entry price. If the price cannot hold above 0.0335, consider exiting early.

Position size remains stable, and there was no panic selling during the decline, indicating good chip locking. The 1-hour RSI is around 48, leaving plenty of room for a rebound. The current risk-reward ratio is close to 2:1, making this trade's risk-return profile worth trying. The key is whether the price can quickly recover the 1-hour EMA20, which would be a clear signal that the bulls are regaining control.

View real-time market 👇 $SQD
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