MyCryptoParadise

SUSHI/USDT Ready to Upward Momentum ??? SUSHI Analysis Today

BINANCE:SUSHIUSDT   SUSHI / TetherUS
πŸ’Ž SUSHI has undoubtedly seized our attention with its impressive rally, soaring from $0.52 and decisively shattering the broadening wedge pattern amid substantial trading volume. A successful retesting phase underscores SUSHI's potential for continued bullish momentum.

πŸ’Ž However, a critical juncture awaits, as SUSHI grapples with a formidable resistance zone. To sustain its upward trajectory, breaking through this barrier is imperative; otherwise, a retreat to the demand zone for regathering strength could be on the horizon.

πŸ’Ž Should SUSHI manage to penetrate the resistance, the probability could smoothly sail towards its next targets, including the supply zone and potentially even the bearish OB area, with relative ease.

πŸ’Ž Conversely, a precarious scenario unfolds if SUSHI retraces and fails to hold its ground within the demand zone. Such a downturn would signal a weakening bullish resolve, possibly sending SUSHI into a downward spiral toward its next stop at the support zone. Here, a crucial battle would ensue: SUSHI would need to rally and reclaim lost ground, or risk a further descent into the depths of the key support area, marking a significant bearish shift in its market narrative.
Trade closed: target reached:
Boom! #SUSHI is doing just what we said. Up 106.0% and looking good!


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