$SUSHI has seen a 3.098% price increase in the last 24 hours.
It traded between a low of 0.573 and a high of 0.604, indicating increased volatility.
With the Bollinger Bands showing upper and lower levels at 0.605 and 0.568, SUSHI is trading near resistance.
Currently, the market trend is upward, suggesting bullish momentum, though it appears weak against broader macroeconomic factors.
Inflation data and regulatory news continue to loom, adding caution to potential upward price movements.
Bitcoin's current undefined influence suggests that other factors may drive SUSHI's movements.
Traders might consider a short-term approach due to this volatility, positioning around key support and resistance levels.
In conclusion, while SUSHI showcases bullish tendencies, external macroeconomic pressures may impact its sustainability.
