Binance Technical Analysis: $SUSHI
/USDT — Key Levels to Watch 🚀
The recent surge in SUSHI’s price has caught the attention of traders. Here's a breakdown of the key technical levels and potential targets for the pair:
📊 Key Support and Resistance Levels:
Current Price: $1.90 (+13.57% in the last 24h)
24h High: $1.901 | 24h Low: $1.660
🎯 Target 1: $2.00
SUSHI is pushing towards the $2.00 resistance level. A break above this level could set the stage for a continuation upward. Watch for confirmation with increased volume.
🎯 Target 2: $2.20
If momentum continues, the next significant resistance is near $2.20. This level will be crucial for sustaining a bullish trend.
🎯 Target 3: $2.40
A breakthrough past $2.20 may open up further upside potential towards $2.40, where heavy resistance could form.
📉 Support Zone:
Immediate support sits around $1.85. If the price retraces to this level, it could offer a good entry for long positions.
Stay updated with the latest price action, and always manage risk with strategic stops and take-profits. Happy trading!