Sushiswap Hits Bottom (40-65X Growth Potential)

6天前

Sushiswap (SUSHIUSDT) hit bottom recently in August 2024. The level at which it bottomed is the same level that launched the 2021 bull-market, a 4,909% bullish wave, and the 2023 recovery wave. This same level can launch the 2025 bull-market.

Sushiswap (SUSHIUSDT) has been green for four consecutive weeks while moving out of the accumulation zone. We are likely to experience a mild bullish wave followed by the strongest bullish action since 2021. One and two. We can expect a maximum of two major corrections within the entire bull-market. The rest of the retraces will be small and short-lived.

Growth potential is huge for this pair, as shown on the chart. The All-Time Low was hit on a wick, so we have a technical double-bottom, simply the action of a long-term support rather than a new low level being established. This means that potential remains open for a new All-Time High in 2025.

The first target on this chart is set at 546% —this is easy. The 1,510% target is do-able and within the last ATH. New All-Time High potential in 2025 gives us staggering numbers, we are looking at 40-65X.

This will be an interesting pair. You can find the Bitcoin counterpart, SUSHIBTC, trade-idea in the 'Related publications' below this post.

Thank you for reading.

Namaste.