$SQD recent wave of the market is a bit interesting. After three consecutive days of rise, a double-top structure clearly emerged on the K-line chart, referring to the historical high of 0.13 price touched before, and this time it almost touched the range of 0.11-0.13. From a technical point of view, there is indeed a possibility of adjustment.



The trading idea can be considered as follows: first open a short position with 1/3 of the position, and if the price is pushed up by another 10 points, continue to fill the other 1/3 position. Batch layout can effectively reduce risk and will not be hit outside the line of defense by a callback.

The repetition rate after this kind of double top is still quite high in history. The key is to be disciplined and not let short-term fluctuations shake the execution plan. The money in the market is there, let's see if you dare to take it according to the plan.
SQD10,74%
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GrayscaleArbitrageurvip
· 4h ago
I think the double top signal is reliable, I just don't know when it will actually play out. Gradual position building is indeed more stable, and it feels much more reassuring than going all in at once. That said, a high repetition rate in history doesn't necessarily mean this time will be the same. Anyway, I'll wait until it drops below 0.11 before considering. This wave of SQD feels like it will take some time to grind through, so be patient. But honestly, before the double top breaks, it's all about torment. Can anyone really stick to their discipline?
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LiquidationKingvip
· 4h ago
Double top? I think it looks more like a trap to lure more buyers; don't get fooled into it.
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AirdropHunterZhangvip
· 4h ago
I would have already wiped out when the double top dropped, going all-in and then reversing to go long, but you guys are still studying the technicals.
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CoffeeNFTradervip
· 4h ago
Double tops are indeed a bit risky, but I still want to wait and see before acting. I have a feeling there might still be a surge. --- Honestly, I agree with entering short positions in batches, just worried that my mindset might collapse during execution. --- The 0.13 level is a bit tough; last time, it didn't break through. --- Discipline is easy to talk about but hard to practice. Last time, I lost a lot because I was greedy. --- I feel like SQD still has a story, so no rush to go short. --- This batch-by-batch approach looks safe, but what if the direction reverses? There's still some risk. --- Wait to see if there are clear breakout signals before following. It's too early to enter now. --- There have been quite a few double top rejections, but it's definitely worth being cautious. --- My view is to stay put and not blindly chase shorts. The market changes in an instant.
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GateUser-c802f0e8vip
· 4h ago
How much can you earn if the double top crashes down? Can it fulfill your wish this time?
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MetadataExplorervip
· 4h ago
Is the double top going to fall? I don't think so; this time it might just trap the bears again.
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