SUSHI / TetherUSUpdated Sushiusdt approaches important support zone
SUSHI has completed a five-wave downward movement and appears to be starting a potential extended upside correction, possibly forming a WXY pattern. The external demand zone is a crucial support level that must hold for this projection to materialize. The chart showcase the projected moving patterns.
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The external demand zone has performed exceptionally well. Since the last test, the price has seen solid growth. However, it’s now approaching a key resistance level that's limiting bullish momentum. I anticipate a breakout soon. The projected path is highlighted on the chart.
Note
We are expecting wave 4 move before final wave 5 leg
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Telegram: t.me/+m0IACMn0ul03OTFk
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