Understanding the Trader's Perspective #TradingTales | Crypto4light on Binance Square

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Understanding the Trader's Perspective #TradingTales 

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

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$SUSHI token has an interesting story heading into the next altseason. While many tokens avoided updating their historical lows, #Sushiusdt stands out as one of the few that broke below its November 2020 low—proving that in crypto, never say never! The levels we’ve outlined suggest that SUSHI is trading within a clear accumulation zone. A continuation of the uptrend appears likely, targeting the green block region. Market Capitalization Targets SUSHI's previous high market capitalization reached $3.5 billion, aligning with the green block level. This could act as a mid-term target for the upcoming cycle. If you believe in SUSHI breaking into uncharted territory, the higher targets have been marked for reference. The largest purchases by major players were highlighted on the monthly timeframe. This institutional activity strongly supports the potential for a significant upward movement. Accumulation near the current levels aligns with both technical and market sentiment indicators. Mid-term traders could consider targeting the $3.5 billion market cap level, while long-term holders can set their sights on a potential new ATH.

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