SUSHIUSDT at a Critical Pivot Golden Pocket Retest or Bull Trap?SushiSwap / TetherKUCOIN:SUSHIUSDTCryptoNuclear📊 Full Daily Chart Analysis (1D) — KuCoin After months of dull sideways movement, SUSHI is finally showing signs of life! A strong breakout above a long-term consolidation range has pushed price up to the key resistance at $1.03, raising the possibility of a mid-term trend reversal. However, the price is now entering a pullback phase. The key question: Is this just a healthy correction before the next leg up—or the beginning of another downward move? --- 🔍 Structure & Pattern Breakdown: Rounded Bottom Formation: Formed from April to July 2025, this pattern signals a shift from accumulation to potential bullish expansion. Confirmed Breakout: A breakout above the neckline at $0.80, supported by increasing volume, suggests this move is legitimate—not a fakeout. Golden Pocket Retest (Key Fibonacci Zone): Price is currently pulling back into the Fibonacci Golden Pocket (0.5 at $0.7992 and 0.618 at $0.7295) — the most ideal technical zone for a bullish re-entry. This area also aligns with a strong historical demand zone. --- 📈 Bullish Scenario (Primary Case): If daily candles hold above the $0.7295–$0.7992 zone and form a strong reversal signal (e.g. bullish engulfing or hammer): Price is likely to retest $1.03 (minor resistance). A successful breakout above $1.03 could lead to a rally toward: 🔸 $1.3374 – Previous horizontal resistance 🔸 $1.8307 – Key psychological level & March 2025 swing high 🔸 $2.6591 – Fibonacci extension target 🔸 $2.8195 – Major high from November 2024 This could mark the beginning of a mid-term bullish trend if volume continues to build. --- 📉 Bearish Scenario (Alternative Case): If the price fails to hold above the Golden Pocket and breaks below $0.7295: A deeper correction is likely, with price revisiting $0.60 or even retesting the bottom zone at $0.4515. This would invalidate the bullish setup and confirm a bull trap. --- 🧠 Conclusion: SUSHI is at a decisive moment. This retest of the Golden Pocket will determine whether this is simply a healthy pullback within a new uptrend, or the early sign of another bearish breakdown. > Plan the trade, trade the plan. The $0.73–$0.80 zone is the battlefield for SUSHI’s next major move. --- 📌 Key Levels: Level Description $0.7295–$0.7992 Golden Pocket (Fibonacci Re-Entry Zone) $1.03 Minor Resistance $1.3374 Bullish Target 1 $1.8307 Bullish Target 2 (Mid Resistance) $2.6591–$2.8195 Long-Term Bullish Targets $0.60 / $0.4515 Bearish Supports if Breakdown Occurs #SUSHIUSDT #CryptoBreakout #FibonacciTrading #GoldenPocket #AltcoinReversal #SushiSwap #CryptoSetup #TechnicalAnalysis #BullishScenario