$SQD is pulling a classic "blink and you'll miss it" move. We spent ages grinding sideways around the 0.041 level, building up that boring base, and then boom. The volume finally kicked in and we’ve blasted straight through local resistance. The wick up to 0.048 shows there’s some profit-taking happening, which is healthy after a vertical move like that. I’m watching the 0.045 area now to see if it flips into support. If we hold that, the next leg up could be even nastier. I'm not chasing this green candle, but I'm definitely not shorting this momentum either. Just waiting for the retest to see if the bulls are actually for real this time.
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Wait, did everyone just look away for a second?
$SQD is pulling a classic "blink and you'll miss it" move. We spent ages grinding sideways around the 0.041 level, building up that boring base, and then boom. The volume finally kicked in and we’ve blasted straight through local resistance.
The wick up to 0.048 shows there’s some profit-taking happening, which is healthy after a vertical move like that. I’m watching the 0.045 area now to see if it flips into support. If we hold that, the next leg up could be even nastier.
I'm not chasing this green candle, but I'm definitely not shorting this momentum either. Just waiting for the retest to see if the bulls are actually for real this time.
#GateChristmasVibes