📈LONG: $SUSHI (1D)

#SUSHIUSDT | #SUSHI | #Sushi

Market Cap $159.55M

Analysis:

SUSHI has just broken out of the accumulation phase as per the Wyckoff Cycle, hinting at potential bullish momentum. The breakout is marked by increased volume, signaling the start of a markup phase. Keep an eye on market sentiment and volume for more clues.

Price Targets: First resistance is around $1.20, with a subsequent target of $1.60 if momentum continues. If bullish pressure holds, aiming for $2.00 as a longer-term target seems feasible. Always consider setting a stop-loss below $0.50 to manage risk effectively.