Technical Analysis for $SUSHI

/USDT:

Current Price: $1.88 (+15.27% in 24 hours)

24h High: $2.042 | 24h Low: $1.628

Trading Momentum: Positive (uptrend)

Short-term Trend: Bullish (recent price rise)

Resistance Levels: $1.93, $2.00, $2.04

Support Levels: $1.80, $1.85

Key Indicators:

Moving Average (MA): Positive

Exponential Moving Average (EMA): Bullish crossover

Bollinger Bands (BOLL): Price near upper band, indicating potential continuation or pullback

Parabolic SAR: Below the price, suggesting uptrend

MACD: Bullish crossover, indicating potential for further upward movement

Trade Signal:

Buy Signal: Enter near $1.85 or $1.80 (support level)

Target Levels:

Target 1: $1.93 (first resistance)

Target 2: $2.00 (second resistance)

Target 3: $2.04 (24h high / third resistance)

Stop Loss: $1.75 (below the support)

Trade Momentum: Strong buying momentum suggests potential for further upside, but watch for any reversal near the resistance levels.

#BURNGMT #ETHCrosses4K #BTCBreaking100KAgain? #BTCRecoveredTo97K