#SQT/USDT#SQT
The price is moving within a 4-hour descending channel pattern, which is a retracement pattern
We have a support area at 0.01720 and we bounced from it at the lower border of the channel
We have a tendency to stabilize above the Moving Average 100
We have an upward trend on the RSI indicator that supports the rise and gives greater momentum
Entry price is 0.01720
The first target is 0.01862
The second goal is 0.01996
The third goal is 0.02142