Trading Signals for SushiSwap $SUSHI

Action: Buy (Long) or Sell (Short)

Entry Range: $1.60 - $1.65

SushiSwap (SUSHI) has shown a significant 6.62% increase over the past day, with its current price hovering around $1.63. We can observe a consolidation range forming between the low of $1.56 and the high of $1.73. This suggests that SUSHI might break out or break down depending on the market sentiment. If the price approaches the lower end of the consolidation range near $1.60, it may present a good buying opportunity, aiming for a quick upward movement to the higher range. Conversely, a breakout below $1.56 could trigger a short position towards the $1.45 level.

Strategy for Long Position:

Entry Range: $1.60 - $1.65

SL: $1.55

TP: $1.70 - $1.75

Strategy for Short Position:

Entry Range: $1.56 - $1.60

SL: $1.65

TP: $1.50 - $1.45

🥂Trade Here👇$SUSHI

🚨Note: Trade at your own risk. DYOR.

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