$SUSHI
/USDT Technical Analysis💯🚀🚀
Current Price: $1.84 (+4.82%)
24h High: $1.903
24h Low: $1.718
Key Indicators:
Support Levels:
First Support: $1.756
Second Support: $1.718
Resistance Levels:
First Resistance: $1.903
Second Resistance: $1.911
Trade Momentum:
Momentum Indicator: Positive (Price has increased by +4.82% over 24 hours)
Trend: Bullish short-term (Given the recent price increase and upward momentum).
Trade Signal & Target Levels 🎯:
1. Target 1: $1.90 (Near 24h High)
Action: Consider entering a buy trade if the price breaks above $1.85 with strong momentum
2. Target 2: $1.92 (Resistance Zone)
Action: Monitor for price rejection around this level. A breakout could signal further upside potential.
3. Target 3: $2.00
Action: This is a psychological resistance level; watch for signs of reversal or continuation past this point.
Stop Loss:
Set a stop loss around $1.75 to limit downside risk, considering recent support at this level.
Overall Sentiment: Bullish short-term momentum with targets set around resistance levels. Watch for breakout confirmation before entering.