🍣 SUSHI Price Analysis: Retracement Scenario Remains in Focus on 8H Chart

06/02/2026 08:15

⚡️ Market / Price Context

SUSHIUSDT is approaching another potential retracement phase according to the current 8-hour market structure. Price action indicates the ongoing correction may not be complete yet.

📈 Chart Explanation

The analysis highlights a wave (b) structure that could lead to a continuation toward lower levels through wave (c). This roadmap suggests the market remains in a corrective environment rather than a confirmed expansion phase.

🎯 Entry Decision

Traders may prefer patience while the corrective structure develops. Entering before confirmation could increase risk if the projected downside movement continues.

💰 Execution Plan

Maintaining disciplined risk management remains essential while monitoring the wave progression. Position sizing and caution are particularly important during corrective market conditions.

📈 Outlook

As long as the current structure remains valid, SUSHI could continue its retracement phase before a new directional move emerges.

Updates

06/04/2026 11:46

📣 Trade Update

The previously outlined 8-hour roadmap unfolded as expected, with wave (b) activating both entry zones. Price action followed the anticipated structure and moved in favor of the setup.

🎯 Target Hit

The edited first take-profit level has now been reached, delivering a gain of 11.27% from the trade setup.

💰 Trade Management

With a favorable risk-to-reward outcome already achieved, the first target has been secured. Partial profit-taking at this stage helps preserve gains while maintaining disciplined trade execution.

📈 What’s Next

The market structure continues to evolve after the successful wave (b) move. Traders will now monitor how price behaves following the first target completion.

06/05/2026 18:20

📣 Trade Update

The SUSHIUSDT roadmap continues to perform as expected on the 8-hour timeframe. Following the successful completion of the first target, price has now advanced further and delivered another projected objective.

🎯 Target Hit

The edited second take-profit level has been reached, producing a total move of 20.56% from the original setup.

💰 Trade Management

With the second target completed, up to 80% of the position has been secured. Locking in a large portion of gains helps protect profits while maintaining disciplined portfolio management.

📈 What’s Next

After reaching the second target, attention shifts to how SUSHI reacts at current levels. Future price behavior will determine whether the trend can extend further or enter a consolidation phase.

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