Is SUSHIUSDT About to Break Out or Break Down?Yello, Paradisers! Are we on the brink of a big move in SUSHIUSDT, or are we about to see a breakdown? Let’s dive into the current setup so you're fully prepared for what might come next!
💎SUSHIUSDT has formed a falling wedge pattern—a bullish signal that’s increasing the probability of an upward move. Along with this, SUSHIUSDT is consolidating near a key support zone, further boosting the chances of a breakout. However, for us to be confident in this bullish scenario, we need to see a Change of Character (CHoCH), confirming a shift toward a bullish market structure.
💎What should you look out for next? If the price rises from current level, the safest move is to wait for a clear breakout and for a candle to close above the resistance zone. This would not only increase the probability in our favor but also form a W pattern, which is another strong bullish indicator.
💎On the flip side, if the price breaks down and closes below the support zone, our bullish thesis gets invalidated, and it’s time to re-evaluate the situation.
🎖Remember, disciplined trading is key to long-term success. Stay focused, patient, and always wait for the highest-probability setups to present themselves!
MyCryptoParadise
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