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Technically Analysis $SUSHI

/USDT on BinanceThe $SUSHI /USDT trading pair has shown notable volatility in the last 24 hours, currently trading at $0.90 reflecting a 4.18% increase. Here's a breakdown of the key levels to watch for potential trading opportunities:Key Price Levels1. Support Level: $0.850This level has held firm as the 24-hour low, indicating strong buying interest. A bounce from this support could signify a bullish reversal, attracting buyers looking for a low entry point.2. Resistance Level: $0.930The 24-hour high has tested this resistance, suggesting it is a critical level to break for further upside momentum. If SUSHI can surpass this mark, we may see a rally towards higher targets.3. Next Target: $0.940If momentum continues, the next logical target is $0.940. This level could act as a psychological barrier for traders and lead to profit-taking. Monitoring volume at this level will be essential for assessing further movement.Additional InsightsMarket Sentiment: Currently, SUSHI has a trading volume of 22.49M SUSHI and 20.24M USDT over the past 24 hours, reflecting robust trading activity.SAR Indicator: The SAR at 0.740 suggests there may be some underlying bullish sentiment if the price holds above this threshold.ConclusionKeep an eye on the support and resistance levels outlined, as they will provide crucial insights into potential trading strategies. As always, ensure to manage risk effectively, and happy trading on Binance!#BinanceLaunchpoolHMSTR #BTCReboundsAfterFOM C #CATIonBinance #NeiroOnBinance #FTXSolanaRedemption $SUSHI