$SUSHI /USDT – SHORT TRADE SIGNAL ON LOCAL TOP WICK REJECTION!
$SUSHI pumped sharply to test resistance at $0.675 but failed to close above it. The current 30m candle shows strong upper wick rejection, indicating buyer exhaustion and a potential reversal from this resistance zone.
📉 Trade Setup (SHORT):
Entry: $0.668 – $0.672
Target 1: $0.652
Target 2: $0.638
Stop Loss: $0.678
Why Short?
A vertical rally met resistance exactly near previous breakdown levels, forming a strong rejection wick on the 30m timeframe. Volume peaked but failed to push new highs — a classic case of short exhaustion followed by potential pullback.
Risk Management Tip:
Only hold short below $0.675. Keep SL disciplined and consider trailing it once price moves in your favor.
Don’t let this breakout fly without you — enter smart, exit richer!
Ride the momentum before it fades — profits favor the fearless!