SUSHI/USDT: Mixed picture between 1,02 & 1,58

---- Mid-term Analysis for the next coming 4 weeks to 3 months - Daily on Daily Chart (LOG)-------

SUSHI/USDT: Mixed picture between 1,02 & 1,58

Context
- The Global Crypto market leads by BTC and ETH reversed up drawing a new bullish trend - However for SUSHI the volume on CEX and DEX are decreasing within the bearish pressure on going and the outlook is mixed on current level
- We are watching at 1,58 as Tactical resistance to re-integrate to provide a clear recovery signal
- Watch 1,02 as key Tactical support


Market configuration

- Graphical Elements :
Graphical Resistance = 1,58 & 2,35
Graphical Support = 1,02 & 0,70

- Mathematical Indicators:
EMA ( Exp Moving averages) are resistance = Bearish
RSI indicator (below) is now below 50% = Bearish

- Elliot & Harmonic Wave (Fibonacci):
Fibonacci Target (C) B hasn't been reached = 0,70
Fibonacci resistance of the wave in progress = 1,58
Fibonacci support of the wave (ii) = 1,02
Fibonacci Bullish Target = 2,35 / 3,08


Conclusion

Neutral between 1,02 & 1,58 - Only a clear break of those level will provide a clear directional view