SUSHI is Bleeding Out — Is This the Calm Before the Final Dump? Yello, Paradisers! Have you been ignoring SUSHI lately? That might be a mistake — because the price action is showing signs that a deeper drop could be just around the corner, and those not paying attention could get caught off guard. Let’s break it down.
💎#SUSHIUSDT is still trading below both the 50 EMA and the 200 EMA, a clear confirmation that the broader market structure remains decisively bearish. The 50 EMA continues to act as dynamic resistance, repeatedly rejecting price during short-lived pullbacks, while the 200 EMA sits significantly higher, further emphasizing the strength of the existing downtrend.
💎Adding to the bearish pressure, there’s a strong supply zone between $0.620 and $0.640. This zone has capped every bullish attempt, confirming heavy distribution at these levels. Until this zone is broken with volume and conviction, upside potential remains extremely limited.
💎One key level to watch in the short-term is the 50% Fibonacci retracement at $0.586, which has turned into a reliable interim rejection level. We expect the price to tap this level again before any meaningful downside continuation is likely to unfold.
💎As long as price fails to close above the $0.568 level, the structure will remain under pressure. A breakdown below the moderate support at $0.522 would likely trigger a move into the $0.485–$0.451 major support zone, where we could see more aggressive buyers or a potential reversal setup.
💎The only scenario that would invalidate this bearish outlook is a clean breakout and sustained close above $0.640, which would reclaim the supply zone and force shorts to cover. Until then, the path of least resistance remains to the downside.
Stay focused, Paradisers. Be the hunter, not the hunted.
MyCryptoParadise
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