đ $SUSHI | Bullish Breakout with Strong Continuation Potential đ
$SUSHI just printed a textbook breakout:
⢠Accumulation Phase: Series of Equal Highs (EQH) + Equal Lows (EQL) hinted at engineered liquidity
⢠Liquidity Sweep: Clean sweep of EQH, triggering breakout above major resistance at $0.812
⢠Price Explosion: +30% intraday move, now trading around $0.99
⢠Fair Value Gap (FVG) partially filled â signaling healthy structure
⢠Weak High at $1.10 is now the next immediate liquidity magnet
Market Structure:
This breakout follows a classic Wyckoff-style accumulation and Break of Structure (BoS). Bulls reclaimed market control with conviction.
Next Targets:
⢠Flip $1.10 â clear path toward $1.18â$1.22
⢠Support now rests at $0.90 and the FVG zone
As long as $SUSHI holds above $0.90, the bias remains bullish. This could just be the beginning of a bigger move as DeFi tokens gain momentum.
