📊 $SUSHI /USDT - Market Update 📊
Current Price: $1.768 (+1.73%)
24H High: $1.903
24H Low: $1.718
24H Volume: 42.09M USDT
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🚀 Market Overview
continues its recovery, breaking above $1.75 and reaching a 24-hour high of $1.90 before experiencing a minor retracement. The current price action suggests a healthy consolidation phase with strong support holding at $1.72.
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🔑 Key Levels to Watch
Resistance Zones:
$1.82: Immediate resistance; a breakout here could open the doors to higher levels.
$1.90: Key resistance from the 24H high.
Support Zones:
$1.72: Immediate support to watch for stability.
$1.65: A crucial support zone to avoid a deeper correction.
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🎯 Trade Setup Suggestions
Bullish Scenario (if support holds):
Entry Zone: $1.73–$1.75
Stop Loss: $1.70
Take Profit Levels:
TP1: $1.82
TP2: $1.88
TP3: $1.92
Bearish Scenario (if resistance holds):
Entry Zone: $1.88–$1.90
Stop Loss: $1.93
Take Profit Levels:
TP1: $1.75
TP2: $1.68
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📈 Technical Indicators
MACD: Shows a slight bearish crossover on the 1-hour timeframe.
Volume: Strong during the upward push; now tapering off during consolidation.
Trend: Short-term bullish trend; watching for confirmation of continuation.
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⚠️ Pro Tip: Keep an eye on the volume and momentum at the $1.82 resistance level for a potential breakout. Tight risk management is essential as volatility increases near these key levels.
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