$SUSHI Spot Reversal in Progress? 👀
$SUSHI is starting to show early signs of a potential accumulation phase after prolonged downside pressure. Price action suggests a possible base forming within the $0.15 – $0.21 demand zone.
📊 What’s Happening?
Price is stabilizing around a historical support region
Volatility compression → often precedes expansion
Sellers appear to be losing momentum
If this range holds and volume gradually increases, we could see a structural shift from distribution to accumulation.
🎯 Long-Term Outlook
In a sustained market recovery scenario,
$SUSHI could potentially revisit the $0.60 – $0.80 region over the long term. However, this would require:
Broader market strength (especially BTC stability)
Increased DeFi activity
Consistent higher highs & higher lows confirmation
🔎 What to Watch
Break above short-term resistance with volume
Weekly structure shift
Overall DeFi sector sentiment
Patience is key with spot holdings. Accumulation phases often test conviction before expansion begins.
⚠️ Not financial advice. Always manage risk and do your own research.
#sushi #CryptoAnalysis #SpotTrading #altcoins #TechnicalAnalysis