Technical Analysis of SUSHI/USDT on Binance
Current Price: $0.863 (+13.25%)
has shown significant bullish momentum recently, bouncing back to $0.863. With a 24-hour high of $0.905, we’re observing a potential upward trend, making it an interesting asset for traders. Here are three key targets to watch:
Target 1: $0.905 🎯
This is the recent 24-hour high and a crucial resistance level. A break above this level could indicate continued bullish momentum and potentially lead to further gains.
Target 2: $1.00 🎯
Psychological resistance often lies at whole numbers. Reaching this target would signify a strong recovery for SUSHI and may attract more buying interest.
Target 3: $0.757 🎯
While this is the recent 24-hour low, it serves as a support level. If the price retraces, maintaining above this point is essential for sustaining the bullish trend. A drop below could signal a shift in sentiment.
Summary
With current momentum and positive sentiment, SUSHI/USDT is one to watch closely. Traders should keep an eye on the key resistance and support levels as they navigate potential trades. Happy trading!#BTCReboundsAfterFOMC #CATIonBinance #NeiroOnBinance #FTXSolanaRedemption #BinanceLaunchpoolHMSTR
