SushiSwap (SUSHI) Technical Analysis Today

• Current Price: $0.2006 (as of latest 15m chart snapshot).
• Overall Sentiment: Mixed. The aggregate technical score of 48 (just below neutral 50) points to tepid conditions, while the on-chain score sits exactly at 50.
• Timeframe Conflict: The 15m and 30m charts show bullish wedge patterns with upside targets, but the 1h chart signals a bearish wedge targeting $0.1765. This divergence creates ambiguity for short-term direction.
• Key Risk: The 1h bearish target ($0.1765) lies well below current price; if the higher-timeframe bearish bias asserts itself, a decline toward that level could unfold. On-chain data is largely unavailable, limiting fundamental backstop.

SushiSwap is trading at $0.2006 as of the latest 15m chart update, with a 24-hour price change of +3.43%. The composite technical score is 48—just under the neutral 50 midpoint—reflecting a slight bearish lean in the aggregate indicator set. The on-chain score sits at a flat 50, indicating no clear directional bias from protocol activity, though data is sparse. The daily timeframe score of 57 provides a somewhat more constructive view, but the reliance on stale technical backfill data (June 2026) warrants caution. Overall, the setup lacks a strong conviction signal across both technical and on-chain dimensions.

• Important nuances: The technical score of 48 is slightly below neutral, but the 1d technical score is 57—indicating a better tone on the daily view. However, all scores are derived from a backfill source last updated June 2026. On-chain metrics from DefiLlama (August 11 snapshot) show most fields null, leaving fundamental context thin.

• Important nuances: Both timeframes show bullish wedge formations with valid upside targets. The 15m pattern score of 50.58 is almost exactly neutral; the 30m score of 55.83 is above 50, suggesting a slightly stronger bullish tilt. The RSI on the 15m is 35 (oversold zone) while the 30m RSI is 54 (neutral), adding a minor short-term recovery bias.

Pattern score: 50.58 (very close to the 50 neutral midpoint). Two Wedge patterns were detected (medium and large). The arrow direction is up, with a valid target at $0.2064 (above the analysis price of $0.2006). Lines count: 6. The score hovers near neutral because the pattern’s certainty is balanced—no strong directional conviction from the pattern alone.

Pattern score: 55.83 (above neutral, leaning bullish). Three Wedge patterns (small, medium, and large) were identified. The direction is up, with a valid target at $0.2127 (analysis price $0.2013). Lines count: 8. The score above 50 suggests the pattern carries more weight, reinforced by the higher lines count. The 15m and 30m directions align—both bullish—so no short-term conflict exists within the lower timeframes.

• Important nuances: The 1h and 4h timeframes conflict with each other. The 1h chart shows a bearish wedge target ($0.1765) while the 4h chart indicates a bullish wedge target ($0.2202). This inter-timeframe disagreement increases uncertainty for swing decisions. The 1h RSI is very low at 22 (deeply oversold), while the 4h RSI is 62 (mid-range).

Pattern score: 44.75 (below neutral, bearish). Three Wedge patterns detected. The arrow direction is down with a valid target at $0.1765 (analysis price $0.2014). Lines count: 8. The score below 50 reflects a negative tilt, and the bearish target is over 12% below current price. This is the most concerning signal in the dataset.

Pattern score: 46.50 (also below neutral, but only slightly). Three Wedge patterns detected. The arrow direction is up, with a valid target at $0.2202 (analysis price $0.2014). Lines count: 5. Although the score is below 50, the direction is bullish—creating a direct contradiction with the 1h chart. The 4h target suggests a potential +9.3% upside if the bullish structure dominates.

The on-chain snapshot from August 11, 2026, shows no usable data for fees, DEX volume, or total value locked. The on-chain score of 50 is a neutral default due to insufficient readings. Stablecoin netflows are at zero across all periods. Without revenue or volume trends, any assessment of protocol health is effectively absent. This data gap itself is a risk—significant changes in activity could go unnoticed until the next snapshot update.

• Important nuances: Nearly all on-chain fields are null—no fees, TVL, DEX volume, or stablecoin data are available. The on-chain score of 50 is derived from DefiLlama but relies on only 6 filled metrics, all with zero value. The lack of real-time protocol activity data means fundamental risk cannot be quantified.

• Bullish triggers: A confirmed break above the 15m target of $0.2064 would support the lower-timeframe bullish bias. Sustaining above $0.2127 (30m target) would further validate the upside scenario. The 4h target at $0.2202 acts as the next major resistance.
• Bearish triggers: A breakdown below the 1h analysis price of $0.2014 with a print under the 1h target of $0.1765 would confirm the bearish wedge. If the 15m and 30m bullish structures fail (e.g., price falls below their respective support lines), the short-term bullish case would be invalidated.
• Conflict resolution: Until one directional bias clearly dominates, the conflicting signals from 1h (down) and 4h (up) mean that both triggers are equally plausible. Traders should wait for a decisive move above $0.2064 or below $0.1765 for confirmation.

In the short term, the data leans cautiously bullish based on the aligned 15m and 30m patterns, underscored by an oversold 1h RSI (22) that could spark a mean-reversion bounce. However, the 1h bearish wedge is a significant counterweight; until price clears the $0.2064 level, the short-term setup remains ambiguous. The lack of on-chain activity data further complicates conviction.

For the long term, the daily technical score of 57 provides a slightly constructive view over a multi-day horizon, but the low score on the 1h and stale backfill source reduce reliability. Without fundamental metrics (TVL, revenue, user growth), a sustained rally lacks fundamental backing. Thus, a cautious interpretation is warranted: the data does not yet support a strong directional call, and conflicting higher-timeframe patterns suggest a period of consolidation or whipsaw risk before a clearer trend emerges.

For further context, visit the permanent analysis hub for SushiSwap.