๐จ SUSHI: The Breakdown Retest Short! (Targets: $0.2352 โ $0.2280) ๐ฏ
Body:
SUSHI is flashing a classic bearish continuation setup โ but only on the retest. The price is rejecting from the 15M EMA cluster, and the structure favors the downside.
Do not chase below $0.2375. Wait for the pullback to hold resistance and confirm the breakdown.
Confirmation Trigger: 15M candle close below $0.2378, followed by a retest of $0.2380โ$0.2390 that holds as resistance.
๐ Ideal Entry: $0.2410
๐ซ Chase Zone / Invalid: Below $0.2375 (do NOT chase). Above $0.2440 (invalid).
๐ฏ Target 1: $0.2340 (1H EMA99)
๐ Target 2: $0.2322 (1H EMA99 major support)
๐ Target 3: $0.2280 (Prior range low / deeper liquidity)
๐ Stop Loss: $0.2445 (Above 15M EMA(25) and recent lower high structure)
โ ๏ธ Risk Note: HIGH wick risk โ SL is below the 15M Supertrend at $0.2467, making it vulnerable to Supertrend-driven volatility.
Will SUSHI hit $0.2352 or retest $0.2440 first? comment below! ๐
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