$SUSHI Ready for a Controlled Breakout 🔥
Current Price: $0.768
Timeframes Analyzed: 1H 📉 | 1D 📆
Trend Bias: Cautiously Bullish 🟢
24H Change: +3.64%
📊 Current Candle & Pattern Analysis
🔹 1H Chart:
Formed a mini base near $0.752, successfully defended by bulls.
Latest candles are consolidating in a tight bull flag pattern.
Trading slightly above 50 EMA & hugging the mid-Bollinger band – a typical launch zone for impulsive moves.
Momentum indicators (RSI 51.83, MACD) are flat but stabilizing after pullback — bullish continuation possible above $0.770.
📊 1D Chart:
Printed a strong bullish engulfing candle, closing above the previous 4-day range.
Mid-Bollinger band at $0.763 now acting as a support zone.
RSI is gently sloping upward, indicating early trend recovery.
If this holds, next test zone is $0.806, followed by $0.820.
🧠 Best Trading Strategy Plan
🎯 Strategy Name: "Base Reclaim Breakout"
📍 Entry Zone: $0.760–$0.765
🛑 Stop Loss: $0.747 (below structure base)
🎯 Targets:
TP1: $0.786
TP2: $0.805
TP3 (Stretch): $0.820+
📆 Trade Duration:
Scalping: 6–12 hours (TP1)
Swing Trade: 1–3 days (TP2-TP3) if bullish momentum continues
Monitor daily candle closes above $0.770 for sustained move.
🧲 Why Bullish Bias?
✅ Breakout from mini bull flag
✅ Bullish engulfing on 1D
✅ Volumes aligning with price push
✅ Bollinger band squeeze starting to expand
✅ Support respected at 0.752 & ascending structure forming
⚠️ Risk Management Tip:
This setup works best in low-volatility pre-breakout zones — if
$BTC drops sharply, invalidate the play. Keep SL tight and trail after TP1 for protection.
🧭 Trader Takeaway:
"
$SUSHI is shaping up for a clean range breakout. Early signs of strength with tight consolidation make this an ideal low-risk entry zone." 🧠
📛 Disclaimer:
This is not financial advice. Markets are risky. Always do your own research and trade responsibly. 🧠📉
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