$SUSHI 🦅🦅🦅
➡️🔥SUSHI's 31.96% surge indicates strong market interest, likely due to developments in DeFi adoption or announcements related to the protocol. However, the sharp increase also signals potential volatility; traders should watch key levels closely. The high trading volume reinforces strong liquidity, making it attractive for active traders.
Price: $2.535 (+31.96%)
24h High: $2.818
24h Low: $1.911
Trading Volume (SUSHI): 113.89M
Trading Volume (USDT): 274.07M
Technical Indicators
1. Exponential Moving Averages (EMA):
EMA(7): 2.537
EMA(25): 2.386
EMA(99): 1.956
2. Volume:
Current volume: 349,974.4 SUSHI
MA(5): 2,419,698.4
MA(10): 3,478,483.8
3. Other Metrics:
Support Levels: Around $1.911 (24h low)
Resistance Levels: Near $2.818 (24h high)
Trading Plan
1. Short-Term Strategy:
Entry: Enter between $2.4-$2.5 if price sustains above EMA(7).
Target: $2.75-$2.8 for intraday profits.
Stop-Loss: $2.35 to minimize downside risk.
2. Swing Trade:
Entry: ($2.38).
Target: $3.0+ (if momentum continues).
Stop-Loss: Below $2.3.
3. Risk Management:
Allocate no more than 5% of your portfolio.
Adjust stop-loss levels daily based on the volatility.