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🚨 Opportunity for monitoring: SUSHI coin is preparing for a breakout! 🚀
📊 Technical analysis of the pattern:
Left Shoulder: Forms after a profit-taking wave, followed by an initial rebound.
Head: A deeper dip records a new low before the price strongly rebounds, indicating the entry of buying liquidity.
Right Shoulder: A higher low than the head, a clear sign of weak sellers and dominance of bulls (buyers).
🎯 What are we waiting for now?
The price is currently testing the neckline at the green shaded resistance area (around levels $0.2310 - $0.2350).
Ideal entry point: A clear breakout of the neckline with a 4-hour candle close above it.
Expected target: If the breakout is successful, we anticipate a rise equal to the depth of the head, which could push the price toward areas of $0.2450 up to $0.2550 as an initial phase.
💡 Trader’s tip:
Don’t rush to enter before confirming a "true breakout." Always wait for a retest of the neckline or confirmation of increased trading volume during the rise.
Keep SUSHI under the microscope; the explosion might be near! 📈🔥
⬇️
$SUSHI