Image of SQR
SQRMagic Square
$0.0001026
-0.18%
1D

Magic Square Analysis

Investment Score
A quick view into Magic Square's investment prospects.
7.8

The asset still looks technically supportive, with multiple signals continuing to back the setup.

What is helping
  • The current level still offers a favorable reward-to-risk profile.
  • Price is trading above the Hull Moving Average (9), which keeps the near-term trend supportive.
Main risks
  • ATR percentile is elevated, which signals a noisier market and a higher chance of sharp swings.
  • Price is trading below the volume-weighted average, which suggests the move is losing volume-backed support.
Market State Summary
Current regime
Bull Volatile
Confidence: 65%
Why this state?
  • SQR is above SMA50
  • SMA50 is below SMA200
  • SMA50 slope is positive over the last 10 days
  • 30-day return is positive
  • ATR volatility is above the 60th percentile of its trailing 180-day history
Suggested strategy

In the current Bull Volatile regime, the best-fit approach is Follow the trend, but tighten risk control. The broader trend is still bullish, but price swings are wider and less forgiving, so the upside bias remains intact while execution and risk control need to be tighter.

Trend
Bullish
SQR is trading above key moving averages and the medium-term trend is still rising.
Momentum
Neutral
RSI is 53.07, which is neither overbought nor oversold.
Volatility
Volatile
SQR ATR volatility is above the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.0001336 - $0.0001411
Active zone
$0.00009408 - $0.0001039
Support zone
$0.00008551 - $0.00009303
Chart Patterns
SMA50
SMA100
SMA200
RSI
Neutral
MACD
Bearish
ATR%
Volatile
Volume
High
Support & Resistance

Magic Square support and resistance levels highlight key price zones where buyers and sellers are most active. This section helps identify likely breakout areas, pullback support, overhead resistance, and the current trading range so you can evaluate trend continuation, reversal risk, and near-term crypto price direction.

Support zone
$0.00008551 - $0.00009303
Resistance zone
$0.0001336 - $0.0001411
Active zone
$0.00009408 - $0.0001039
Levels Table
LevelZoneStrength
Support 1$0.00008551 - $0.00009303
Support 2$0.00007795 - $0.00008547
Support 3$0.00006722 - $0.00007700
Resistance 1$0.0001336 - $0.0001411
Resistance 2$0.0001458 - $0.0001533
Resistance 3$0.0001558 - $0.0001766
Resistance 4$0.0002269 - $0.0002367
Active 1$0.00009408 - $0.0001039
Scenario Analysis
Bullish scenario

SQR clears the resistance zone at $0.0001336 - $0.0001411 and holds above it. That would strengthen the breakout case and shift attention to $0.0001458 - $0.0001533.

Bearish scenario

SQR loses the support zone at $0.00008551 - $0.00009303. That would weaken the setup and open the way toward $0.00007795 - $0.00008547.

Neutral scenario

SQR continues trading between $0.00009303 and $0.0001336. In that case, range-trading conditions remain active.

Technical Indicators

Technical indicators help summarize trend, momentum, volatility, and key price levels. They should not be used in isolation, but they can help identify whether a coin is trending, ranging, overextended, or approaching an important support or resistance level.

IndicatorValueSignalInterpretation
SMA50
$0.00008735
Bullish
SQR is trading above the 50-day average.
SMA200
$0.0001352
Bearish
SQR remains below the long-term trend line.
EMA50
$0.00009242
Bullish
SQR is holding above the 50-day exponential average, which supports the recent trend.
EMA200
$0.0004622
Bearish
SQR is below the 200-day exponential average, which keeps the longer-term structure under pressure.
RSI (14)
53.07
Neutral
RSI (14) is at 53.07, which keeps momentum in a balanced range.
Stoch RSI (14)
68.61
Neutral
Stoch RSI (14) is at 68.61, which suggests momentum is active but not yet extreme.
MACD
0.0₅1765
Bearish
MACD is below its signal line.
ATR
7.55%
Volatile
Volatility is above its 180-day median.
VWMA
$0.0001088
Bearish
Price is below the volume-weighted average.
Commodity Channel Index (20)
-25.75
Neutral
CCI (20) is at -25.75, which keeps price relatively close to its recent average.
Awesome Oscillator (5, 34)
$0.0₅3057
Bullish
Awesome Oscillator is above zero at $0.0₅3057, which supports bullish momentum.
Williams Percent Range (14)
-58.49
Neutral
Williams Percent Range (14) is at -58.49, which keeps price in the middle of its recent range.
Bull Bear Power (13)
$0.0₅2683
Bullish
Bull Bear Power (13) is positive at $0.0₅2683, which suggests buyers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
57.63
Neutral
Ultimate Oscillator is at 57.63, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$0.00009937
Bullish
SQR is trading above the Hull Moving Average (9), which supports the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.0001186
Bearish
SQR is trading below the Ichimoku base line, which points to weaker structure.
Assets Similar to Magic Square

Over the past 7 days, Magic Square price was most positively correlated with the price of Stacks (STX), BitTorrent (BTT), JUST (JST), Monero (XMR) and GateToken (GT) and most negatively correlated with the price of Plasma (XPL), Hyperliquid (HYPE), Worldcoin (WLD), Terra Classic (LUNC) and Monad (MON).

Positively Correlated Currencies
NameCorrelation
Image of StacksStacks0.760
Image of BitTorrentBitTorrent0.751
Image of JUSTJUST0.680
Image of MoneroMonero0.656
Image of GateTokenGateToken0.645
Negatively Correlated Currencies
NameCorrelation
Image of PlasmaPlasma-0.856
Image of HyperliquidHyperliquid-0.852
Image of WorldcoinWorldcoin-0.796
Image of Terra ClassicTerra Classic-0.774
Image of MonadMonad-0.772

Magic Square price is negatively correlated with the top 10 coins by market cap with a price of -0.154, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.185. Currencies that are positively correlated with Magic Square indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with Magic Square, a move in one direction for Magic Square would translate into a move in the opposite direction for the negatively correlated coin.

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