SUSHI/USDT – Symmetrical Triangle Compression Near Key Flip Zone

🔎 Market Overview

SUSHI is currently trading around $0.799, consolidating within a symmetrical triangle pattern that has been forming since mid-July. This setup reflects a period of decreasing volatility and volume, where the market is accumulating energy for the next major move.

The $0.72–0.83 zone is acting as a critical support-resistance flip area, tested multiple times since March. This is the battlefield where bulls and bears are fighting for dominance. The eventual breakout from this zone will likely dictate the mid-term trend.

---

📐 Technical Pattern Breakdown

Symmetrical Triangle: Converging trendlines (lower highs + higher lows). Neutral by nature, direction depends on breakout.

Historical Context: Prior to the triangle, price rallied from $0.45 → $1.05, hinting this could be a bullish continuation pattern if an upside breakout occurs. Still, the broader macrotrend has been bearish since the start of the year, so both outcomes remain on the table.

Key Levels:

Major Supports: $0.72 → $0.67 → $0.45

Major Resistances: $0.89 → $0.94 → $1.02 → $1.14 → $1.28 → $1.72

---

🚀 Bullish Scenario (Upside Breakout)

If price manages to close a daily candle above the $0.85–0.89 resistance trendline with strong volume, upside potential is significant. Bullish targets include:

🎯 Target 1: $0.945

🎯 Target 2: $1.02

🎯 Target 3: $1.14

🎯 Target 4: $1.28

🎯 Extended Target: $1.72


This would represent a possible +100% upside if momentum builds.

Bullish Confirmation Signals:

Daily close above $0.89–0.94

Increasing breakout volume

Successful retest holding above former resistance

---

🐻 Bearish Scenario (Downside Breakdown)

Failure to hold the $0.72–0.75 flip zone would likely trigger a bearish continuation. Downside targets are:

🎯 Target 1: $0.67

🎯 Target 2: $0.59

🎯 Target 3: $0.45 (yearly low & major psychological support)


A confirmed breakdown could mean a -30% to -40% drop from current levels.

Bearish Confirmation Signals:

Daily close below $0.72

Strong selling volume

Retest rejection at $0.72 (new resistance)

---

⚖️ Trading Strategy & Risk Management

Conservative traders: Wait for a confirmed breakout + retest before entering.

Aggressive traders: Consider entries near triangle support (~$0.75) with tight SL below $0.70.

Risk control: Limit exposure to 1–3% of total capital per trade, use disciplined stop-losses, and take profits in stages at key levels.

Risk/Reward: Look for setups with at least a 2:1 or 3:1 ratio.

---

📌 Conclusion

SUSHI is at a critical crossroads. The symmetrical triangle suggests a powerful move is imminent. A breakout to the upside opens the door for a rally toward $1.72, while a breakdown could drag price back toward $0.45.

Traders should focus on confirmation signals before committing, as the next breakout will likely define the mid-to-long term trend.

---

#SUSHI #SUSHIUSDT #SushiSwap #CryptoAnalysis #TechnicalAnalysis #TrianglePattern #BreakoutTrading #SupportResistance #CryptoTrading #Altcoins