$SUSHI
š SUSHI/USDT Technical Analysis š
Current Price: $1.367
SUSHI/USDT is showing bullish signs as it holds above the key support level at $1.340. The price is now testing resistance at $1.400, and a successful breakout above this zone could open the path toward $1.480 and $1.550. Bulls are gradually regaining strength, and rising momentum could lead to a significant push.
š Key Levels to Watch:
Support: $1.340 (holding this level keeps the bullish outlook intact).
Resistance: $1.400 (a breakout could trigger targets at $1.480ā$1.550).
š Entry Strategy:
Bullish Scenario: A confirmed breakout above $1.400 with strong volume could pave the way for a move toward $1.480 and $1.550.
Bearish Scenario: If $1.340 support fails, a pullback to $1.280 may present short-term opportunities for buyers.
š Technical Indicators:
The RSI is trending upward, suggesting increasing buying pressure, while price consolidation near resistance reflects growing accumulation. Watch for volume spikes to confirm the breakout.
ā ļø Outlook: SUSHI/USDT is at a critical point. A breakout above $1.400 could ignite a rally toward $1.550, while maintaining support at $1.340 remains crucial for bullish momentum. Keep an eye on this setup! š
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