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$SQD SQD showed a strong recovery move after a sharp dip, followed by a healthy pullback. This kind of price action usually means the market is resetting momentum, not immediately reversing.
Short-term view (1H):
Price is holding near short-term averages after the bounce. Buyers are still active, but they are no longer chasing. This suggests consolidation rather than aggressive selling.
Mid-term view (4H):
The structure looks constructive as long as price stays above the recent base. A higher low compared to the dump area would be a positive sign for continuation.
Multi-method check:
Trend: Short-term bullish recovery
Momentum: Cooling after impulse
Structure: Pullback within recovery range
Future expectation (personal opinion):
If SQD holds this zone, another attempt toward the recent high is possible. Sideways movement would also be healthy before the next move. Losing the base may slow the recovery and extend consolidation.
⚠️ This is not financial advice. Crypto markets are volatile and all views are personal opinions only.