Analyzing the 4-hour chart as well as my personal indicators and strategy, I believe that the token is clearly in a good accumulation zone. A bullish cycle is forming and in the coming days we will see good trading and the token will rise again to the levels of 0.58 – 0.65.
The SQR token has been experiencing a clear uptrend in its price action, characterized by higher highs and higher lows on the price chart. This bullish pattern suggests growing buying pressure and investor confidence in the token's prospects.
SQRUSDT just hit 0.45 support levels on the 4H chart. It is a matter of days before the 0.7 level is retested and if it is...
just hit 0.496 support levels on the 4H chart. We can expect to see some downwards movement with a consolidation at around $0.5 before bouncing back to higher levels.
On the daily candles,
SQRUSDT
is showing a bullish structure. We have seen a strong bounce on the previous support at around $0.41. RSI is still neutral so there is enough space for more upwards...
