???? $SQQQ is holding the 50SMA (red line) beautifully right at the retest zone.

That’s bullish for now, especially when:
It's above the falling wedge breakout
Backed by volume
RSI still in elevated "bullish regime"

If this 50SMA + trendline confluence holds, it could launch the next leg up toward $48–52, possibly even $64 retest.

???? Key confirmation trigger: Break back above $40 with strong volume.

???? Target 1 (61.8% Fib): ~$58
???? Target 2 (Full Move): ~$72
???? Target 3 (161.8% Extension): ~$94

https://www.threads.net/@millionairetradersal...BQVuW-VA8g