After an impressive rise, sushi entered a corrective wave. Now, it seems the corrective wave ended at 0.786 Fibonacci retracement and price is oscillating in a consolidation box. Also notice the downtrend line. When these two break, the next uptrend impulse wave will start.
Comment:
SUSHI broke the minor downtrend line.
SUSHI broke the minor downtrend line.
So, SUSHI came down almost to lowest low. It seems SUSHI buy volume started to rise again and this might indicate that upward movement has started. First, we have to wait for the price to reach, or even better breach, the blue downtrend line. Let's see what happens.