$SUSHI
/USDT Trade Strategy: DeFi Surge🎯🚀💰
Price Snapshot
Current Price: 2.603
24h Change: +29.25 percent
24h High/Low: 2.608 / 1.926
Volume
SUSHI: 39.54M
USDT: 85.28M
Key Levels to Watch
1. Support: 2.40 — A strong level for potential retracements.
2. Resistance: 2.61 — Immediate resistance level to clear for further gains.
Indicators to Guide the Trade
EMA 5: Price above EMA — strong bullish momentum.
MACD: Positive momentum continuing — upward bias intact.
RSI: Around 70 — possible overbought condition, monitor for pullback signs.
Profit Targets
1. Target 1: 2.65 — Immediate breakout level (+2.4 percent)
2. Target 2: 2.80 — Continuation of bullish trend (+7 percent)
3. Target 3: 3.00 — Extended rally (+15 percent)
Trade Setup
Entry Zone: 2.40 – 2.50 (Buy on dips)
Stop-Loss: 2.20 (Protect against reversal)
Risk/Reward: Target a minimum 1:2 ratio
Summary
SUSHI/USDT is showing significant bullish momentum, with strong volume backing the move. Look for entry opportunities near support for a potential breakout above 2.61. Watch for signs of overbought conditions but manage risk for higher targets.