$SUSHI Chart bullish, ascending channel since April, price bouncing off the lower line toward the upper. ๐
๐ Current: $0.2620, +2.54%, 7 day +15.1%, 30 day +30.4%
๐บ Lower channel line held three times, price just lifted off the third touch, upper line sits at 0.47
๐ Market cap: $74M, DeFi DEX category, fully diluted, protocol buying back tokens weekly
๐ Same rotation as $UNI +33% and $CRV, DeFi blue chips move as a group, SUSHI is the middle name in the chain
๐ก๏ธ Stop-loss -20%, hold play, target +82% to the upper channel at 0.47
Down 99% from ATH. Channel support touch is the lowest risk entry in an uptrend. ๐ฏ
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#SUSH I
#DeFi #CryptoTrading #TechnicalAnalysis ๐ Sharing personal opinions only
not financial advice or a recommendation to buy/sell. Crypto is highly risky; DYOR and you are solely responsible. No coin promotion