$SUSHI Showing Early Strength – Is a Breakout Brewing🤔🔐👇
⌛Time Frame – 1D & 1H Chart 📊
$SUSHI is currently trading at $0.665, consolidating just under the supply zone resistance and showing signs of bullish structure recovery. After forming a CHoCH (Change of Character) on both 1H and 1D timeframes, the pair has maintained higher lows and is hovering near key EMAs.
Current Trend:📉
On the 1D, price respected the 21 EMA (green), reclaiming structure after a short pullback.
Price is testing the upper bounds of a bearish order block with signs of exhaustion fading.
On the 1H, SUSHI has reclaimed the 200 EMA and is consolidating within a tight range near $0.665–0.669, with multiple minor CHoCH levels printed, indicating buyers reclaiming control.
Key Levels to Watch:🔑🧑💻
Support Zone: $0.657 – $0.636
Immediate Resistance: $0.669
Supply Zone Target: $0.70 – $0.768 (breakout target if momentum builds)
Breakdown Invalidator: Close below $0.636
Why Bullish🤔🔥
CHoCH confirmation on both intraday and daily
Hidden bullish divergence forming on RSI
Volume profile showing absorption at support zones
Price showing resilience near dynamic EMAs
Trade Idea (Short-Term):👨🏫
If $SUSHI closes strongly above $0.669, expect a move toward $0.70–0.73.
Stop-loss can be placed below $0.636 for swing setups.
👨❤️👨"Patience is profitable – the market rewards the disciplined, not the desperate."
Disclaimer: ⚠️
This is not financial advice. Always DYOR and manage risk properly.
