$SUSHI

The SUSHI/USDT trading pair has experienced a significant rise recently, with the current price at $0.870, an increase of +14.02% from the previous price. This rally pushed the price close to the 24-hour high $0.905 area, and the consecutive green candles on the chart clearly illustrate the bullish trend in the market, with the price rebounding strongly from the lows of $0.758.

On the technical analysis level, the next key resistance level is set at $0.905, which coincides with the current 24-hour high. If the price can effectively break above this resistance, it would indicate further upside potential, possibly towards a challenge to higher resistance near $0.918. However, if the upward price momentum is stalled, investors should keep an eye on immediate support at $0.828, as well as a more solid support area near $0.758, which corresponds to the recent 24-hour low.

For investors looking for trading opportunities, if the price successfully breaks through the resistance level of $0.905, it can be regarded as a buy signal, and the target profit level can be set near $0.918. Conversely, a pullback to the support at $0.828 may provide a shorting opportunity, but be wary of the risk that the price may continue to slide towards $0.758. In order to effectively manage trading risks, it is recommended to set the stop loss below the buy point in long trades and above the sell point in short trades to cope with possible sudden price fluctuations.