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โ๏ธ Pair: SUSHIUSDT
๐ Direction: Long
๐ฏ Leverage: Cross 5X - 10X - 20X
๐ Entry 1: $0.5659
๐ Entry 2 (DCA): $0.5250
โ Target 1: $0.7000
I recommend selling 20-30% of your position at this level.
โ Target 2: $0.8000
Sell 20-30% of your position at this level, following the progressive exit strategy.
โ Target 3: $0.9500
Sell 20-30% of your position at this level, considering the significant resistance.
โ Target 4: $1.2000
Sell the remainder of your position at this level to maximize long-term gains.
โ๏ธ Stop Loss: $0.5090
Analysis: SUSHI is currently trading in a descending wedge and is approaching a key support level. The current price is $0.5667, and Entry 2 (DCA) is set at $0.5250 to take advantage of potential further declines.
If the price manages to break and confirm the descending resistance, it could signal a trend reversal and a bullish turnaround. The first entry is now adjusted to $0.5659, and the second entry (DCA) is set at $0.5250.
Targets are set as follows:
Target 1 ($0.7000): The first significant resistance level. Consider selling 20-30% of your position.
Target 2 ($0.8000): The next resistance level. Sell 20-30% of your position at this level.
Target 3 ($0.9500): Significant resistance. Sell 20-30% of your position at this level.
Target 4 ($1.2000): Long-term objective. Close the entire position at this level.
The stop loss is now placed at $0.5090 to limit risks in case of a drop below the major support level.
โ๏ธ Pair: SUSHIUSDT
๐ Direction: Long
๐ฏ Leverage: Cross 5X - 10X - 20X
๐ Entry 1: $0.5659
๐ Entry 2 (DCA): $0.5250
โ Target 1: $0.7000
I recommend selling 20-30% of your position at this level.
โ Target 2: $0.8000
Sell 20-30% of your position at this level, following the progressive exit strategy.
โ Target 3: $0.9500
Sell 20-30% of your position at this level, considering the significant resistance.
โ Target 4: $1.2000
Sell the remainder of your position at this level to maximize long-term gains.
โ๏ธ Stop Loss: $0.5090
Analysis: SUSHI is currently trading in a descending wedge and is approaching a key support level. The current price is $0.5667, and Entry 2 (DCA) is set at $0.5250 to take advantage of potential further declines.
If the price manages to break and confirm the descending resistance, it could signal a trend reversal and a bullish turnaround. The first entry is now adjusted to $0.5659, and the second entry (DCA) is set at $0.5250.
Targets are set as follows:
Target 1 ($0.7000): The first significant resistance level. Consider selling 20-30% of your position.
Target 2 ($0.8000): The next resistance level. Sell 20-30% of your position at this level.
Target 3 ($0.9500): Significant resistance. Sell 20-30% of your position at this level.
Target 4 ($1.2000): Long-term objective. Close the entire position at this level.
The stop loss is now placed at $0.5090 to limit risks in case of a drop below the major support level.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.