I find the SUSHI 🍣 daily chart intriguing, as it seems to be following the classic Wyckoff Cycle 📈.
If history repeats itself, we’ve just broken out of the accumulation phase ✅, highlighted in green 🟩.
As long as the bulls 🐂 remain in control, the markup phase may have just begun—potentially pushing SUSHI as high as $2.5 🚀.
❓ What's next?
Will SUSHI continue to trade higher from here, or will this cycle play out differently?
I hope you find this post useful, and I would appreciate your likes and support.
Which scenario do you think is more likely to happen first? and why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard
