$SUSHI compressing, breakout direction unconfirmed
$SUSHI · NO TRADE · Conf 70%
Trade Plan:
Long trigger: break and hold above 0.28380
Short trigger: lose 0.19650
Until one gives there is no edge worth paying the spread for.
SUSHI/USDT 0.25900, +36.78% over 24h.
Why this setup?
- Price holding above the 200 EMA, long-term structure bullish
- EMA20 above EMA50, short-term momentum up
- 4H trend supportive
- RSI(14) at 84.1 with volume x0.80 against the 20-bar average.
Key levels: S 0.19650 · 0.19525 · 0.19217 | R 0.28380
Debate:
Would a clean break of 0.28380 change your mind on SUSHI, or do you need volume with it?
Trade SUSHI: spot https://www.binance.com/en/trade/SUSHI_USDT | futures https://www.binance.com/en/futures/SUSHIUSDT
$SUSHI #SUSHI #Write2Earn #TradingSetup #ChartAnalysis
Automated technical analysis, not financial advice. I am not responsible for your trades. DYOR.
$SUSHI · NO TRADE · Conf 70%
Trade Plan:
Long trigger: break and hold above 0.28380
Short trigger: lose 0.19650
Until one gives there is no edge worth paying the spread for.
SUSHI/USDT 0.25900, +36.78% over 24h.
Why this setup?
- Price holding above the 200 EMA, long-term structure bullish
- EMA20 above EMA50, short-term momentum up
- 4H trend supportive
- RSI(14) at 84.1 with volume x0.80 against the 20-bar average.
Key levels: S 0.19650 · 0.19525 · 0.19217 | R 0.28380
Debate:
Would a clean break of 0.28380 change your mind on SUSHI, or do you need volume with it?
Trade SUSHI: spot https://www.binance.com/en/trade/SUSHI_USDT | futures https://www.binance.com/en/futures/SUSHIUSDT
$SUSHI #SUSHI #Write2Earn #TradingSetup #ChartAnalysis
Automated technical analysis, not financial advice. I am not responsible for your trades. DYOR.
