🚨 $SUSHI ALERT: On the Verge of a Breakout – Action Required! 🚨
$SUSHI is currently trading at $1.681, reflecting a strong upward trend with a 14.59% gain in the past 24 hours. The price is testing the $1.684 resistance, backed by high buying pressure.
Key Levels to Monitor:
Resistance: $1.684 – Breaking this level could lead to further bullish momentum.
Support: $1.600 – A dip below this may trigger a retracement toward lower levels.
Trade Setup:
Long Entry: Above $1.681
Targets:
1. $1.700
2. $1.750
Stop-loss: Below $1.650
Short Entry: Below $1.600
Targets:
1. $1.550
2. $1.500
Stop-loss: Above $1.640
Insights:
RSI stands at 98, indicating overbought conditions. A minor consolidation could occur before the next move.
Keep an eye on volume spikes for signs of continuation or reversal.