$SUSHI

LONG

On SUSHI on the 15-minute timeframe, a short-term structure

On higher timeframes for altcoins, the overall trend is still downward. In recent days, the market has shown strong volatility and downward pressure, so any long scenarios here should be approached carefully, with risk management and leverage.

On the lower timeframe, after a series of declines, the price has started to form a local structure that could provide an opportunity for a long.

The main scenario for SUSHI is movement toward the downward trend line of the higher timeframe. It will become clear in this area whether the price can break through it and switch to an upward structure, or if it will react downward again.

For entry, it’s important that before moving toward the long-term trendline and resistance zone, the price first drops to the support zone, clears liquidity below the nearest minimum, and then reacts upward.

Therefore, long orders are placed from the black points in the support zone. Next, we wait to see if the price, after gathering liquidity, can execute the scenario and move upward.
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