【$SQD Signal】Pullback to go long / Funding squeeze structure

$SQD 1H level RSI surged to 89, and the price pushed above the 4H Bollinger upper band—an obvious overbought acceleration. But the funding rate is -0.18%, open interest stays stable, and shorts are still paying high fees, meaning there’s plenty of fuel for a squeeze.

🎯 Direction: Pullback to buy

⚡ Entry: Lay in the 0.03055 - 0.03134 range

🛑 Stop-loss: Below 0.03010

🚀 Target 1: 0.03631

🚀 Target 2: 0.03880

🛡️ Trade management:
- Execution strategy: After reaching Target 1, reduce the position by 50%, and move the stop-loss up to the break-even level. If the price falls back to the entry level, exit automatically to protect the principal.

The 4H MACD histogram bars continue to expand, and buying momentum hasn’t faded. The order book shows extremely thick sell orders below 0.0354, with a clear intention to support by market funds. In this negative funding-rate environment, a price that holds firm is the best long signal—shorts closing will further push the price up. The risk-reward ratio exceeds 4, so it’s worth using a tight stop-loss to bet on a second leg rally after this pullback.

View real-time market 👇 $SQD
---
Follow me: Get more real-time analysis and insights into the crypto market! $BTC $ETH $SOL
‍#Gate广场四月发帖挑战 #假期持币指南 #加密市场行情震荡