$SUSHI /USDT - Crab Feast is Over?

Overview

SushiSwap (SUSHI) has been on a rollercoaster ride lately, with the price experiencing significant volatility. After a strong bullish run, the price seems to be consolidating around the $2.50 level. The recent price action suggests a potential shift in momentum, with bears starting to gain some ground.

Trade Setup

Long Entry ⬆️

* Entry: 2.400

* TP1: 2.600

* TP2: 2.800

* SL: 2.200

Short Entry ⬇️

* Entry: 2.600

* TP1: 2.400

* TP2: 2.200

* SL: 2.800

Market Outlook

The short-term outlook for SUSHI/USDT remains uncertain. While a bullish breakout above the $2.60 level could trigger a further upside move, a break below the $2.40 level could signal a potential bearish trend. Traders should closely monitor the price action and be prepared to adapt their strategies accordingly.

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