Is SUSHIUSDT About to Bounce or Break?

Yello, Paradisers! SUSHIUSDT is setting up an intriguing scenario after reacting to a key resistance trendline. Let’s break this down:

💎If SUSHIUSDT shows a bullish I-CHoCH (Internal Change of Character) from the key support zone—previously a resistance level—it could signal a higher probability of a bounce. However, patience is key here; we need to wait for confirmation of a bullish I-CHoCH on lower timeframes to take action.

💎On the flip side, if the price experiences further drops or shows signs of panic selling, the best approach would be to wait for it to reach a stronger support zone. At that point, we’d need to look for bullish patterns such as A W formation or An Inverse Head and Shoulders on lower timeframes to stack the odds in our favor.

💎If the price breaks down and closes a candle below the strong support zone, it will invalidate the bullish thesis entirely. In that case, it’s smarter to wait for a clearer structure to develop before considering any entries.

🎖 Remember, Paradisers, disciplined trading is the only way to achieve long-term success. Avoid impulsive decisions and always prioritize confirmation over speculation. The market rewards patience and preparation—stay sharp, stay focused.

MyCryptoParadise
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