Trade Analysis on SUSHI and BTC – Strategy and Technical Outlook
In this trade session, I focused on SUSHI/USDT and BTC/USDT, analyzing both price action and technical indicators 🔍. Here’s a breakdown of the setup:
SUSHI Analysis:
The SUSHI chart indicates a breakout from a consolidation phase. I identified a support zone at $0.79–$0.78 and resistance near $0.880–$0.860 📉. A bullish pattern formed after accumulation, boosted by volume spikes 📈. The RSI staying above 50 confirmed strength 💪, and the MACD crossover hinted at upward momentum. I entered a long position near the support with a target around $0.81–$0.80, and set a stop-loss just below support. The risk-reward ratio was favorable (about 1:2.5), with plans for partial profit-taking near the resistance zones 🎯.
BTC Analysis:
BTC/USDT displayed a healthy uptrend with only minor retracements. I identified support at the $100,000++ level, with resistance between $104,000–$103,000 🚀. As long as the price stayed above the 50 EMA, the trend remained intact. Fibonacci retracement levels (0.382 and 0.618) were used to determine pullbacks and re-entry points. A bullish divergence in the RSI signaled an upcoming rally, which supported a swing long trade idea – albeit with careful management due to BTC's high volatility 🔄.
Conclusion:
Both SUSHI and BTC offered high-probability setups with clear technical confirmation. Disciplined entries, well-placed stop-losses, and defined take-profit zones were key to minimizing risk and maximizing gains 💹.
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⚡ English Version 2: Social Media Snapshot 📱
Trade Insight: SUSHI & BTC Moves!
Today’s session focused on SUSHI/USDT and BTC/USDT – and the charts were speaking volumes! 📊
SUSHI 📈: Found support at $0.79–$0.78 and resistance around $0.880–$0.860. With a clear breakout and volume surges, I jumped into a long trade near support, eyeing targets of $0.81–$0.80. Stop-loss was tight, risking about a 1:2.5 reward ratio.
BTC 🚀: The trend was solid with support above $100,000++ and resistance near $104,000–$103,000. Using Fibonacci retracement and RSI divergence cues, I planned a swing long trade.
Quick recap: Stick to disciplined entries, manage your stops, and let the market’s momentum work for you! 💪🔥