🔴 $SQD JUST GOT HIT

A $2.08K long liquidation at $0.04046 is a warning that leveraged buyers are getting squeezed. When longs are forced out around a key area, price can become extremely volatile as weak positions disappear and fresh liquidity enters.

The important question now is whether SQD can reclaim the liquidation zone or continue searching for lower support. I’d avoid chasing the first candle and wait for confirmation.

🛡️ Resistance: $0.0425

🎯 Next Target: $0.0450

🚀 Target 2: $0.0480

🔥 Target 3: $0.0520

📌 Trade Zone: $0.0400–$0.0410

⚠️ Invalidation: Below $0.0380

💡 Pro Tip: After a liquidation sweep, don’t enter simply because the price looks cheap. Watch volume and the reaction around resistance. A strong reclaim with rising volume can signal that sellers are losing control, while rejection can trigger another flush.

SQD is now sitting in a zone where volatility can create opportunity—but confirmation matters more than emotion.

Trade smart. Protect your capital. Never over-leverage.$SQD #Treasury yields hit 19-year high #Hyperliquid challenges SEC rule #Anthropic IPO timeline update #AI research automation milestone #Global bond yields surge