SUSHI has touched the weekly resistance twice now and in both cases we corrected down. Question is now if this is a double top which may signal a deeper correction is due. For the double top to be confirmed the price has to break the local support at $1.9. If that falls, then we're in for a longer correction
The bullish case is to see price bounce again on support level and push beyond weekly resistance which will open the road for SUSHI to reach $3-4 levels.
Short term the bias is bearish until we either bounce of support or we break the diagonal resistance.
The bullish case is to see price bounce again on support level and push beyond weekly resistance which will open the road for SUSHI to reach $3-4 levels.
Short term the bias is bearish until we either bounce of support or we break the diagonal resistance.
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