SUSHI/USDT (Spot) Long-Term Trend: Bullish
Key Resistance Levels: 6.894, 7.319, 8.123.
Key Support Levels: 5.973, 5.265, 4.855.
Daily Time Frame:
The price on the higher time frame failed to continue its move to the downside where it broke the strong support level near the 6.00 USDT mark and quickly rebounded by posting an engulfing bullish patten. This could lead to a reversal and a move higher.
SUSHI/USDT (Spot) Medium-Term Trend: Bullish
1-Hr Time Frame:
On the lower time frame, the price succeeded to break the bullish flag to the upside after finding bulls under the bespoke support level. A lower correction could be seen to the highlighted zone before a new wave toward the target profits.
Buy Limit Order @ 6.113
TP 1 @ 6.894
TP 2 @ 7.319
Stop Loss @ 5.718
Trade Safely 🙂