$SUSHI
SUSHIUSDT — Compressed at Make-or-Break Historical Low
SUSHIUSDT is trading at $0.3010, pinned at the absolute bottom of its multi-year range and testing the critical $0.2980 - $0.3020 support zone. This level has been the final floor for over a year, with multiple strong bounces originating here. Price is in a severe, parabolic downtrend but has reached a historical accumulation zone where selling momentum must pause or reverse.
Trade Plan
Entry (Long): $0.2980 - $0.3030 (Scale into the multi-year support floor).
Target 1: $0.3300 (First significant resistance; prior minor swing high).
Target 2: $0.3600 (Primary target; 0.236-0.382 Fib area of recent drop).
Stop Loss: $0.2900 (A decisive break below the historic low).
My View
This is an extremely high-risk, high-reward contrarian play. SUSHI is at its final historical support. A hold here could trigger a massive, explosive short-covering rally. However, this is "last stand" support—a breakdown below $0.2900 would be catastrophic and likely lead to a collapse toward $0.20. Only for speculative capital with strict position sizing.
