SUSHI/SOLUSDT Weekly | Falling Wedge Breakout + High R/R Setup
After a multi-year downtrend, SUSHI has finally broken out of a large falling wedge — a classic reversal pattern. This is the first real structural breakout against SOL in over 3 years, and the volume spike confirms strong buyer interest.
📈 Technical Highlights:
✅ Breakout from Falling Wedge (long-term structure)
✅ Weekly RSI breakout from multi-year lows
✅ +171% move already confirmed from local bottom
📊 Volume surge supports a reversal
🎯 Targets based on prior resistance zones
TP1: 0.011 (224% gain)
TP2: 0.031 (541%)
TP3: 0.094 (1671%)
This isn’t just a bounce — this could be a cycle-level trend reversal.
🧠 Sentiment & Psychology:
Most have written off SUSHI. That’s exactly why this setup is powerful. The market punishes late followers and rewards early contrarians.
🛡️ Risk Management:
Always use proper stop-loss. While the setup is high probability, risk is always present.
🚀 Summary:
SUSHI vs SOL looks like a classic accumulation breakout. With a huge upside potential and strong technical structure, this might be one of the most asymmetric setups in the market right now.
📌 Add to your watchlist, set alerts, and ride the momentum.
After a multi-year downtrend, SUSHI has finally broken out of a large falling wedge — a classic reversal pattern. This is the first real structural breakout against SOL in over 3 years, and the volume spike confirms strong buyer interest.
📈 Technical Highlights:
✅ Breakout from Falling Wedge (long-term structure)
✅ Weekly RSI breakout from multi-year lows
✅ +171% move already confirmed from local bottom
📊 Volume surge supports a reversal
🎯 Targets based on prior resistance zones
TP1: 0.011 (224% gain)
TP2: 0.031 (541%)
TP3: 0.094 (1671%)
This isn’t just a bounce — this could be a cycle-level trend reversal.
🧠 Sentiment & Psychology:
Most have written off SUSHI. That’s exactly why this setup is powerful. The market punishes late followers and rewards early contrarians.
🛡️ Risk Management:
Always use proper stop-loss. While the setup is high probability, risk is always present.
🚀 Summary:
SUSHI vs SOL looks like a classic accumulation breakout. With a huge upside potential and strong technical structure, this might be one of the most asymmetric setups in the market right now.
📌 Add to your watchlist, set alerts, and ride the momentum.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.