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sushiperp going down 17%!!

Short
FTX:SUSHIPERP   Sushi Perpetual Futures
I chart that the Sushi token is going down at least 17%.

Rejected from this trendline. Failing to make new MS. A couple of bearish candles hanging around.

Even if you move the trend line Sushi finds itself within a 20% channel on the 4hr TF. However, there is a higher quality supply at $1.63. Be aware.

This target of $1.12 would create a double bottom.

Sushi has had a great recovery since the BTC dump. BTC has just tested the 61.8 fib, and I think it should be rejected taking some alts with it.

My TP is front running the Demand level at $1.17.

Stay Safe in these merky waters...
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