๐ Paradisers, letโs zoom in on #SUSHIUSDT as itโs currently exhibiting a significant market pattern. Positioned in a demand zone, it is indicating a potential for an upward move.
๐ A recent analysis of #SUSHI shows that after retesting the descending channel, it has started an upward trajectory. Currently, with its momentum building up in the demand zone at $1.220, thereโs a high likelihood of a bullish move from this level. Should the price maintain its momentum here, we can expect SUSHI to target overcoming the bearish Order Block (OB) above.
๐ However, in the ever-changing landscape of crypto trading, itโs essential to be prepared for different market scenarios. If #SUSHI struggles to keep up its momentum above the demand zone, a strategic shift may be necessary. In such a case, we might need to focus on a bullish rebound from a slightly lower support level at $1.159. Importantly, if SUSHI breaks below this support level, it could signal the onset of a bearish trend. . ๐ด๐ฐ