sushi swap will rise soon i predict sushi will break through resistance of $2.8 by the end of this year suhiswap must be able to reach $3.2 by the beginning of this quarter in order to continue this bullrun and reach new ATH #sushiswap #strong
$ETHFI let's analyze the ETHFI/USDT chart and discuss potential entry, stop-loss, and profit target levels.
Technical Analysis:
Entry Price:
Conservative Entry: Wait for a clear bullish reversal signal like a higher high and higher low formation or a bullish engulfing candle. You could also consider entering on a pullback to the 2.65 level. Aggressive Entry: Enter at the current price of 2.711, assuming the bullish trend continues. Stop-Loss:
Conservative Stop-Loss: Place the stop-loss below the recent swing low (around 2.579) to limit potential losses. Aggressive Stop-Loss: Place the stop-loss slightly below the entry price (e.g., 2.700). Profit Targets:
Short-Term Target: Aim for a profit target of 5-10% from your entry price. This could be around 2.84 - 2.98. Intermediate-Term Target: Consider a target near the 2.913 level, which represents a significant resistance level. Long-Term Target: If the overall market sentiment remains bullish, you could set a longer-term target near the 3.00 level. Key Levels:
🚀 ETHFI/USDT Technical Analysis: Bulls or Bears—What’s Next for ETHFI? 📈
💰 Current Price: $2.738 — trading at a crucial juncture, with key levels dictating the next big move.
🔑 Support Levels:
Immediate support is at $2.700, where buyers have shown interest in the past.
Stronger support is located at $2.600, providing a safety net for a potential bounce.
🔑 Resistance Levels:
The first resistance is at $2.800, with a breakout above this level potentially targeting $2.900–$3.000.
A sustained rally past $3.000 could signal further bullish momentum towards $3.200 and beyond.
📈 Trend Analysis: ETHFI/USDT is currently consolidating after a recent move, creating a tight range between key support and resistance levels. A breakout above $2.800 would likely signal continuation to the upside, while a failure to hold $2.700 could lead to a retracement toward lower levels.
✅ Entry Strategy:
Bullish Play: Enter on a breakout above $2.800, targeting $2.900–$3.000.
Dip Buyers: Look for entries near $2.700, with a stop-loss below $2.600 to manage risk.
⚠️ Risk Management: Use tight stop-losses and proper position sizing to navigate potential volatility near key levels.
💡 Key Insight: ETHFI/USDT is at a crucial point. A move above $2.800 could drive the price higher, while holding $2.700 support is key for maintaining bullish momentum. Watch for breakout opportunities! 📊🔥
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sushi swap will rise soon i predict sushi will break through resistance of $2.8 by the end of this year suhiswap must be able to reach $3.2 by the beginning of this quarter in order to continue this bullrun and reach new ATH #sushiswap #strong