Technical Analysis of $SUSHI $SUSHI $SUSHI
/USDT
The SUSHI/USDT pair is currently trading at $0.845, reflecting a notable decline of 7.14%. With a recent high of $0.930 and a low of $0.836 over the past 24 hours, traders are observing key resistance and support levels.
Key Levels to Watch:
1. Target 1: $0.871 (MA(2))
This level acts as a short-term resistance point. A breakthrough here could signal a potential reversal in trend.
2. Target 2: $0.912 (24h High)
Achieving this target would indicate a recovery and momentum shift, suggesting stronger buying interest.
3. Target 3: $0.930 (Resistance)
This level represents a critical resistance zone. A successful breakout above this price could pave the way for further upside, attracting more traders to the SUSHI market.
Conclusion:
Traders should monitor these levels closely. With the market currently in a downtrend, risk management and strategic entries will be essential. Stay informed and trade wisely!