$SUSHI / USDT Showing Bullish Momentum on Binance! 🔥
Current Price: 0.687 USDT
Change: +3.31%
$SUSHI / USDT on Binance is exhibiting strong upward movement on the 4-hour chart, breaking above previous resistance levels.
Key Observations:
* Recent High (24h): 0.691 USDT
* Recent Low (24h): 0.650 USDT
* Volume (24h SUSHI): 5.44M
* Volume (24h USDT): 3.63M
The price has shown a significant surge with increasing volume, indicating strong buying interest. It's currently approaching the 24-hour high.
Considerations:
* Resistance Level: The 24-hour high of 0.691 USDT is the immediate resistance to watch. A break above this level could signal further significant gains.
* Support Level: Previous resistance levels that have been broken, such as around 0.67 USDT, could now act as support.
* High Volume: The increasing volume accompanying the price increase reinforces the strength of this bullish move.
* DeFi Sector: As a prominent DeFi project, SUSHI's price action can be influenced by developments and overall sentiment within the decentralized finance space.
Disclaimer: This is not financial advice. Always conduct your own thorough research before making any trading decisions.
