$SUSHI
Trading Alert: SUSHI surges strong 14%, approaching key $0.905 threshold
For traders, if the current SUSHI price can effectively break through $0.905, it is a positive long signal. On this basis, you can consider establishing a long position and set the target price near $0.918. Conversely, a pullback to the $0.828 support area may trigger a shorting opportunity, but be wary of the risk of a further decline to $0.758. In order to effectively control risks, it is recommended to set stop-loss orders appropriately below the entry point for long transactions and above the entry point for short transactions to cope with possible market fluctuations.
The latest market dynamics show that SUSHI has achieved a significant 17.43% increase in the past few hours, and the current trading price has climbed to $0.903, which is close to the 24-hour high of $0.908. The series of green candlesticks on the chart clearly shows strong upward momentum, with the price rising sharply from the lows of $0.762.
The current key resistance level is located at $0.908, which coincides with the 24-hour high. If it can be effectively broken through, it is expected to further push the price upward, possibly hitting the next resistance level near $0.920. On the downside, the most immediate support is at $0.828. If this support fails, you need to pay attention to additional support near the 24-hour low of $0.736. "