Jack's Trading Classroom | SUSHIPERP Sushi gradually getting stronger

Currently, we are looking at the daily chart of SUSHIPERP, where the chart indicates that SUSHI has retraced to the lower support average channel EMA144 169 on the daily chart, and closed above the filtering line EMA12.

Currently, we see the daily chart of SUSHIPERP, with SUSHI indicators showing that it has effectively retraced to the support average channel EMA144 169 on the daily chart, and closed above the EMA12 filter line.

The overall trend is likely to indicate the completion of a bullish pullback. There is still a downward resistance trendline above. Once this resistance trendline is broken, it is optimistic to consider that SUSHI will likely challenge the previous high of 23.4442.

According to the daily chart buying conditions, the entry point for long positions is around 14.3237, as indicated by the blue horizontal line on the chart, with the stop-loss point below at 10.1023, as indicated by the red horizontal line on the chart.

In recent days, the digital currency market has experienced significant volatility. It is recommended that operators strictly implement risk control measures and avoid high leverage and high contract volume operations to prevent additional losses caused by volatile market conditions. This article reflects personal opinions, and readers should consider it carefully. Cryptocurrency trading may involve risks to your capital.

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