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Sushiusdt

SUSHI/USDT Showing a bounce from the support, Potential upward!💎 SUSHI has recently demonstrated significant market dynamics, rebounding from the support area, indicating a potential continuation of its upward movement towards the resistance level around $2.15. 💎 If SUSHI breaks out above this resistance area, it could facilitate an easier path toward reaching our target area. 💎 However, if SUSHI faces rejection at the resistance area, there's a possibility of a retracement to test the support region between $1.65 and $1.45. 💎 When SUSHI approaches the support area, it's crucial for it to bounce, given the area's importance. 💎 Failure to hold this support level could lead to further downward movement, potentially testing lower demand areas. If SUSHI breaks below this support, along with the trendline support, it would confirm a bearish trend, leading to further downward movement.
by MyCryptoParadise_Nathan
SushiSwap (SUSHI) Breakout: $1.94, $2.00, and $2.15 Key LevelPredicting a potential breakout for SushiSwap (SUSHIUSDT) in the coming days. The token is currently hovering around $1.80, and a decisive break above this level could see it surge towards $1.94 in the daily timeframe. This bullish momentum could extend further, with eyeing $2.00 as a key resistance level. If SUSHIUSDT can reclaim this level on the daily timeframe, it could pave the way for a climb to $2.15, a significant resistance point. However, failure to break above $1.80 could lead to a pullback down to $1.50. Investors are closely watching this price point as a potential support level.
Long
by Z4F4R
Sushi Price Has Indicated Signs of a Bullish TrendSushi ( CRYPTOCAP:SUSHI ) price indicating readiness to move higher after it recently overcame a key hurdle. If the market outlook remains unchanged, and most of the Altcoins resume their Bullish streak? then CRYPTOCAP:SUSHI could trigger a massive upswing. Sushi price consolidation above $1.012 lasted which for 2 months, leading to a 109% rally in the next five weeks. This move bridged another critical hurdle at $1.628 and currently maneuvers above it. But with Bitcoin's ( CRYPTOCAP:BTC ) price finding a new support level? investors need to exercise caution. If CRYPTOCAP:BTC continues to move sideways or trends higher, then the Sushi ( CRYPTOCAP:SUSHI ) price could start a bullish trend. However, Sushi's ( CRYPTOCAP:SUSHI ) Relative Strength Index (RSI) which is 48.96 poses as a moderate indicator to accentuate the bullish thesis on Sushi ( CRYPTOCAP:SUSHI ). A potential correction to the support level at $1.267 could be likely. So, a bounce around $1.267 or $1.628 will be good accumulation zones for patient CRYPTOCAP:SUSHI buyers. Assuming the Sushi price bounces from its current position a retest of the $2.785 resistance level would constitute a 70% gain. On the other hand, if Sushi ( CRYPTOCAP:SUSHI ) price breaks the $1.267 support level, it would signal weakness. If the selling pressure continues to build, SUSHI could slide lower and tag the $1.012 barrier.
Long
by DEXWireNews
📈 SushiUSDT Analysis 🚀🍣📈 SushiUSDT Analysis 🚀 In this analysis, we'll be taking a closer look at the SushiUSDT trading pair. Let's dive in and see what the charts are indicating! 📊 🔍 **Monthly Liquidity Assessment:** External monthly liquidity has been taken into account, which is a positive sign for the market. This suggests that there's a healthy level of participation from external traders, potentially indicating growing interest and a more robust trading environment. 🌐💰 🕯️ **Monthly Candle Closing Above:** The monthly candle closing above a certain level is a key technical signal. This could signify strong bullish momentum and potential upward movement in the price of SushiUSDT. It indicates that buyers have been consistently active throughout the month, and this could lead to a continuation of the positive trend. 🕯️📈 💼 **Trading Decision:** Based on the factors mentioned, it seems that the conditions are favorable for a potential spot entry. The external monthly liquidity and the positive close above a certain level both align with a possible bullish scenario. Traders might consider entering the market for potential gains. 🚀📉 📈 **Price Projection:** While we can't predict exact price movements, the combination of external liquidity and the bullish candle close suggests a potential upward trajectory for SushiUSDT. However, as with any investment, it's important to conduct thorough research and consider risk management strategies. 📉🧐 🔑 **Key Takeaways:** - External liquidity participation indicates growing interest from traders. - Monthly candle closing above suggests strong bullish sentiment. - Consider the potential for a spot entry, but exercise caution and manage risks effectively. Remember that trading and investing carry inherent risks, and market sentiment can change quickly. Always make informed decisions and stay updated on market developments. Happy trading! 💹🚀 (Note: This analysis is for informational purposes only and should not be considered financial advice. Trading cryptocurrencies involves risk, and it's important to do your own research before making any investment decisions.) 📊🚫📉
Long
by Asif_Brain_Waves
SUSHI Has formed a Bullish FlagSUSHI Has formed a Bullish Flag. After breaking above the Resistance the price has formed a trend continuation pattern. 🔵Entry Zone 1.506 - 1.564 🔴SL 1.3412 🟢TP1 1.6075 🟢TP2 1.7974 Risk Warning Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. If you liked our ideas, please support us with your likes 👍 and comments.
Long
by JosephMcKenzie
SUSHI/USDT Could Bounce from the support and break the pattern ?💎SUSHI has recently demonstrated noteworthy market dynamics. It is currently positioned on the support trendline of a Bullish pennant pattern, which is typically considered a bullish pattern. 💎 Furthermore, the daily close shows a hammer candlestick, suggesting potential bullish momentum if today's candle closes in the green. 💎 In such a scenario, SUSHI may climb upward toward the resistance of the pattern in an attempt to break out. A successful breakout probability could lead to a test of the strong resistance area. 💎 However, if SUSHI breaks below the support trendline, it will invalidate the Bullish pennant pattern, and there is potential for the price to move downward toward the demand area at 0.87, initiating a new momentum. 💎 The demand area holds significance as it may serve as a potential bounce point for the price, allowing it to reverse and move upward. Nevertheless, if the demand area is breached, this would be a bearish signal, indicating that the price is likely to continue its downward trajectory, ultimately reaching the strong support area.
by MyCryptoParadise
2
SUSHI/USDT Potential move from Key Support? 🚀Sushi💎 Paradisers, prepare for an exciting trading opportunity with #SUSHIUSDT, as it steadies itself within a crucial support zone, hinting at an impending market direction. 💎 A closer look at #SUSHI recent performance reveals its struggle to eclipse its last peak, casting a shadow of bearish sentiment. However, prospects for a bullish reversal are brewing at the support level of $1.212. With the wind at our backs, we're setting sights on a rally that aims to break through the next resistance barrier. 💎 If the drive behind CRYPTOCAP:SUSHI starts to wane, we're banking on a bullish resurgence from the established demand at $1.103. Yet, should it breach below this pivotal point, we might be witnessing the onset of a more significant bearish trend.
Long
by MyCryptoParadise
6
BINANCE:SUSHIUSDT - Triangle formation confirmed, waiting break--------------------------------------------------------------- Description --------------------------------------------------------------- + SUSHI formed a symmetric triangle and waiting on breakout + Symmetric triangle formation will be a good opportunity for a trade entry + The target for the trade is next resistance. --------------------------------------------------------------- VectorAlgo Trade Details ------------------------------ Entry Price: 1.132 Stop Loss: 1.046 ------------------------------ Targets 1:1.166 Targets 2:1.200 Targets 3:1.273 Targets 4:1.382 ------------------------------ Timeframe: Capital: 1-2% of trading capital Leverage: 5-10x --------------------------------------------------------------- Note: Don't forget to keep the stop-loss. --------------------------------------------------------------- Agree or Disagree with the ideas ? lets discuss in the comments. Like and follow us for more ideas. Regards VectorAlgo
Long
by VectorAlgo
🌟🔍 SushiSwap (SUSHI) in a Prolonged Accumulation Phase 🍣🔐 📊 SUSHI's Accumulation Box: SUSHI has been in a 610-day accumulation box, with a notable exit and subsequent return to the box, indicating strong interest from traders and investors in purchasing at these levels. 📈 Volume Surge on Return: The return to the accumulation box was marked by significant volume, underscoring the buying interest in SUSHI. 🛒 Long-Term Holding Strategy: For long-term holders, buying after $1.568 seems favorable. However, it's advised to use a wide stop loss to remain in the position comfortably. 🛑 Stop Loss Recommendation: A stop loss below $0.922 is recommended. This might seem large, but it's crucial to consider the overall risk management strategy. 🔍 Futures Trading: For those interested in futures and looking for long positions, considering entry after $1.370 could be strategic. 🚫 Risk Management in Futures: Comparing the stop loss in spot trading with futures, a 2.5% stop loss with 20x leverage in futures equates to a significant risk. Hence, the notion of a 'large' stop loss in spot trading should be reconsidered. 📉 Accumulation Box Breakout: When constructing a digital asset portfolio, waiting for a weekly breakout of these significant accumulation boxes is often a prudent strategy. 📣 What's your view on SUSHI's current accumulation phase and breakout potential? Are you planning to hold, trade, or wait for further signals? Share your strategies and insights! 💬🌐 #SUSHICoin #CryptoStrategy #TradeCityPro 📚 Remember: The crypto market's inherent volatility demands careful planning and risk assessment. Ensure your investment decisions align with your financial goals and risk tolerance. 🧠💼
Long
by tradecitypro
11
SUSHI after breaking above the short-term resistance can go upSUSHI after breaking above the short-term resistance can go up. Here is the potential entry zone with TPs and SL 🔵Entry Zone 1.224 - 1.280 🔴SL 1.1304 🟢TP1 1.3909 🟢TP2 1.4697 🟢TP3 1.6079 Risk Warning Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. If you liked our ideas, please support us with your likes 👍 and comments.
Long
by JosephMcKenzie