$SUSHI
/USDT Technical Analysis and Trade Signals 🎯 📢
Current Price: $2.002
24h High: $2.022
24h Low: $1.397
24h Volume (SUSHI): 46.43M
24h Volume (USDT): 79.80M
MA: +22.09% (today), reflecting bullish momentum.
EMA: Strong upward trend over 7, 30, and 90 days, indicating consistent buying pressure.
MACD: Positive, signaling momentum to the upside.
Bollinger Bands: Likely showing expansion, supporting continued volatility and potential for further price movement.
Parabolic SAR: Indicates an uptrend, reinforcing the current bullish direction.
Order Book Depth: Stronger demand (Bid: 56.59%) compared to sell orders (Ask: 28.366%).
Key Levels:
Support: $1.397 (24h Low)
Resistance: $2.022 (24h High)
Trade Strategy with Three Target Keys 🎯
1. Bullish Scenario:
Entry Point: $2.002 (current price) or a small retracement near $1.90.
Target 1 🎯: $2.10 - This is a psychological resistance level, just above the 24h High. A break above this level could push the price higher.
Target 2 🎯: $2.30 - A potential resistance based on the broader trend and previous price action. This is where we might see some consolidation or pullback.
Target 3 🎯: $2.50 - A key longer-term target that aligns with the overall upward trajectory of SUSHI.
2. Bearish Reversal Scenario (if price fails to sustain):
Entry Point: $2.002 (current price) with a stop loss below $1.90.
Target 1 🎯: $1.70 - Near the 23.6% Fibonacci retracement level.
Target 2 🎯: $1.50 - A deeper correction could bring the price here, aligning with strong support.
Target 3 🎯: $1.30 - A more significant reversal would likely target this area as a lower support.
Risk Management:
Stop Loss: Set a stop loss below $1.90 for bullish positions to manage risk.
Take Profit: Take profits incrementally at each of the targets, locking in profits while maintaining the potential for further upside.