ITSCRYPTO1

SUSHIUSDT - BULLISH SETUP

Long
BINANCE:SUSHIUSDT   SUSHI / TetherUS
SUSHIUSDT from a weekly perspective has started to show signs of a deceleration with multiple rejections of the 0.618 fibonacci forming a large inverted head and shoulders formation. Dropping down to the daily timeframe the price has bounced of the descending trendline support multiple times showing buyers strength at these prices. On the entry timeframe the 4hr we can see price is forming a new uptrend and recently broke above a bullish pennant formation, overall showing strength look for valid leverage entry on the retest 4hr support.
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