Hereโ€™s a concise technical breakdown and potential trade plan for $SUSHI

/USDT (Perp):

---

๐Ÿ“Š $SUSHI /USDT โ€“ Market Overview

Last Price: $0.5884

Mark Price: $0.5886

24h Change: -4.09% ๐Ÿ”ป

24h High / Low: $0.6164 / $0.5814

24h Vol (SUSHI): 23.25M

24h Vol (USDT): 13.94M

Current Vol: 95,320

MA(5): 671,840

MA(10): 765,103

---

๐Ÿ“‰ Key Price Levels

Type Price Description

Resistance $0.6046 First resistance near prior bounce

$0.6177 Close to recent high, key breakout level

$0.6308 Major resistance from prior range

Support $0.5814 24h low, weak but active support

$0.5784 Backup zone โ€” lower risk entry

$0.5650 Structural support below 24h low

---

โš™๏ธ Trend & Momentum

Indicator Status Insight

Trend Bearish Lower highs, weak follow-through

Volume Low Significantly below 5 & 10 MA averages

MA Cross Bearish MA(5) < MA(10), continuing sell-side

Volatility Moderate ~$0.035 range, ~5.7% daily swing

---

โš”๏ธ Trade Setups

๐ŸŸข Bounce Play (Short-Term Long)

Entry Zone: $0.5815 โ€“ 0.5840

Target 1: $0.6046

Target 2: $0.6160

Stop: $0.5780

Conviction: Low (countertrend)

Confirmation: Bounce + RSI or volume uptick

---

๐Ÿ”ด Breakdown Short (Trend Continuation)

Trigger: Breakdown below $0.5780 with strong volume

Target 1: $0.5650

Target 2: $0.5500

Stop: $0.5900

Conviction: Medium (trend-aligned)

---

๐Ÿงญ Summary

Market Bias: Bearish โ†’ Sellers in control

Critical Zone: $0.578 โ€“ $0.604

Volume Weakness: Indicates caution for long setups

Strategy Focus: Lean short on rallies unless strong reversal confirmation appears

---

Let me know if you'd like a watchlist update including SUSHI, MINA, UNI, etc., with risk/reward ratios and signal alerts.

#sushiswap #SUSHI/USDTโ†˜๏ธ๐ŸŸฅ #StrategyBTCPurchase #BinanceHODLerSAHARA #Write2Earn