$SUSHI $SUSHI
SUSHI/USDT Overview
Current Price: $0.975 (+25.48%)
24h High: $1.006
24h Low: $0.763
24h Volume (SUSHI): 32.10M
24h Volume (USDT): $29.14M
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Moving Averages:
MA(7): $0.949
MA(25): $0.869
MA(99): $0.794
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Analysis:
Price Momentum: SUSHI has gained 25.48% in the last 24 hours, moving above its 7-day moving average ($0.949) and testing near the 24-hour high at $1.006. The price action indicates strong bullish momentum after bouncing off the low of $0.763.
Support and Resistance:
Immediate resistance: The price is nearing $1.006 (24h high). A breakout above this level could lead to further gains.
Support: The 7-day moving average ($0.949) provides a key support level, and further support is found at $0.869 (25-day MA) and $0.794 (99-day MA).
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Trading Strategy:
Short-term Traders: Look for a breakout above $1.006 with targets set around $1.019 or higher. If the price retraces, consider buying near $0.949 (7-day MA) or $0.869 (25-day MA) with stop-loss levels just below these support zones.
Swing Traders: A dip towards $0.949 or $0.869 may offer a good entry point. Look for a continuation pattern toward $1.006 or beyond.
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Market Sentiment:
The 25.48% gain, combined with strong volume, suggests high demand for SUSHI within the DeFi sector. The upward momentum indicates further bullish potential if it breaks the resistance at $1.006.
#SUSHI #COSSocialFiRevolution #BTCBreaks100K? #tranding #write2earn!

Altcoins including Status (SNT), SushiSwap (SUSHI), and Bluzelle (BLZ) have experienced significant gains in the #cryptocurrency market, while #Bitcoin (BTC) continues to hover below the $35,000 mark. According to insights provided by blockchain intelligence firm Santiment, these three altcoins have emerged as top performers, capitalizing on the profits generated by Bitcoin.#SushiSwap (SUSHI), one of the leading decentralized exchanges in the crypto space, witnessed a remarkable surge of over 82% in its price over the past week. Santiment’s data shows that SUSHI’s impressive price rally caught the attention of investors and traders alike. However, at the time of writing, #SUSHI experienced a 24-hour price dip, possibly due to profit-taking activities, with the altcoin trading at $1.10.Bluzelle (BLZ), a decentralized data storage network, managed to secure a weekly gain of more than 39%. The cryptocurrency market saw traders consistently boosting the price of #BLZ , with an increase of more than 3.8% in recent trading. This surge pushed BLZ’s value to $0.2842, reaching a high of $0.2956 in the last 24 hours before retracing to its current level. Notably, BLZ remains closer to its peak than its daily low of $0.2684.Bitcoin shows modest gains while Altcoins thriveStatus (SNT) outshone other altcoins with an astonishing surge of over 108% in the past 7 days. This remarkable performance garnered significant attention in the crypto community. In the last 24 hours, SNT continued to impress with a 26.37% gain, elevating its value to $0.06451. Alongside the price jump, SNT’s daily trading volume also experienced a substantial uptick, reaching a total volume of $338,582,023.At the time of writing, Bitcoin (BTC), the dominant cryptocurrency, showed a modest gain of 1.12%, trading at $34,812.21. This contributed to BTC’s positive weekly performance, pushing it up by 2.18%. However, Bitcoin’s market dominance slipped by 0.18% during the past day, bringing its market dominance down to 52.40%.$BTC $SUSHI $BLZ