The asset still looks technically supportive, with multiple signals continuing to back the setup.
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.
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.
| Level | Zone | Strength |
|---|---|---|
| Support 1 | $0.00007805 - $0.00008512 | |
| Support 2 | $0.00006929 - $0.00007494 | |
| Support 3 | $0.00005792 - $0.00006711 | |
| Resistance 1 | $0.00009437 - $0.0001036 | |
| Resistance 2 | $0.0001338 - $0.0001408 | |
| Resistance 3 | $0.0001460 - $0.0001531 | |
| Resistance 4 | $0.0001560 - $0.0001764 | |
| Active 1 | $0.00008574 - $0.00009281 |
SQR clears the resistance zone at $0.00009437 - $0.0001036 and holds above it. That would strengthen the breakout case and shift attention to $0.0001338 - $0.0001408.
SQR loses the support zone at $0.00007805 - $0.00008512. That would weaken the setup and open the way toward $0.00006929 - $0.00007494.
SQR continues trading between $0.00008512 and $0.00009437. In that case, range-trading conditions remain active.
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.
| Indicator | Value | Signal | Interpretation |
|---|---|---|---|
| SMA50 | $0.00007766 | Bullish | SQR is trading above the 50-day average. |
| SMA200 | $0.0001533 | Bearish | SQR remains below the long-term trend line. |
| EMA50 | $0.00008076 | Bullish | SQR is holding above the 50-day exponential average, which supports the recent trend. |
| EMA200 | $0.0005416 | Bearish | SQR is below the 200-day exponential average, which keeps the longer-term structure under pressure. |
| RSI (14) | 58.23 | Neutral | RSI (14) is at 58.23, which keeps momentum in a balanced range. |
| Stoch RSI (14) | 63.01 | Neutral | Stoch RSI (14) is at 63.01, which suggests momentum is active but not yet extreme. |
| MACD | 0.0₅1891 | Bullish | MACD is above its signal line. |
| ATR | 8.20% | Volatile | Volatility is above its 180-day median. |
| VWMA | $0.00007826 | Bullish | Price is above the volume-weighted average. |
| Commodity Channel Index (20) | 139.97 | Bullish | CCI (20) is strong at 139.97, which shows price is trading well above its recent average. |
| Awesome Oscillator (5, 34) | $0.0₅6380 | Bullish | Awesome Oscillator is above zero at $0.0₅6380, which supports bullish momentum. |
| Williams Percent Range (14) | -50.82 | Neutral | Williams Percent Range (14) is at -50.82, which keeps price in the middle of its recent range. |
| Bull Bear Power (13) | $0.0₅3949 | Bullish | Bull Bear Power (13) is positive at $0.0₅3949, which suggests buyers are controlling price relative to the EMA baseline. |
| Ultimate Oscillator (7, 14, 28) | 57.08 | Neutral | Ultimate Oscillator is at 57.08, which suggests momentum is balanced across its short, medium, and long windows. |
| Hull Moving Average (9) | $0.00008752 | Bearish | SQR is trading below the Hull Moving Average (9), which weakens the near-term trend. |
| Ichimoku Cloud B/L (9, 26, 52, 26) | $0.00008390 | Bullish | SQR is trading above the Ichimoku base line, which supports bullish structure. |
Over the past 7 days, Magic Square price was most positively correlated with the price of LEO Token (LEO), Monero (XMR), TRON (TRX), Basic Attention Token (BAT) and Pyth Network (PYTH) and most negatively correlated with the price of Nexo (NEXO), Binance Coin (BNB), Flare (FLR), XRP (XRP) and Polygon Ecosystem Token (POL).
| Name | Correlation |
|---|---|
| LEO Token | 0.692 |
| Monero | 0.627 |
| TRON | 0.549 |
| Basic Attention Token | 0.447 |
| Pyth Network | 0.440 |
| Name | Correlation |
|---|---|
| Nexo | -0.805 |
| Binance Coin | -0.784 |
| Flare | -0.778 |
| XRP | -0.764 |
| Polygon Ecosystem Token | -0.762 |
Magic Square price is negatively correlated with the top 10 coins by market cap with a price of -0.389, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.502. 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.
