$SQD SQD showed a strong recovery move after a sharp dip, followed by a healthy pullback. This kind of price action usually means the market is resetting momentum, not immediately reversing.
Short-term view (1H):
Price is holding near short-term averages after the bounce. Buyers are still active, but they are no longer chasing. This suggests consolidation rather than aggressive selling.
Mid-term view (4H):
The structure looks constructive as long as price stays above the recent base. A higher low compared to the dump area would be a positive sign for continuation.
Multi-method check:
Trend: