SUSHI/USDT Reversal from Historical Demand ZoneThe SUSHI/USDT pair is showing strong potential for a bullish reversal from the long-term demand zone between $0.44 - $0.58, which has historically acted as a solid support area since 2021. Price has tested this zone multiple times and has bounced back, indicating significant buying interest.
🔍 Technical Overview:
Timeframe: Weekly (1W)
Key Support Zone: $0.44 - $0.58 (strong accumulation area)
Key Resistance Levels (Potential Targets):
$0.815
$1.392
$1.950
$2.765
$3.500+
Price Structure: Currently forming a possible double bottom or sideways accumulation near the macro support, often seen before bullish markup phases.
Bullish Signal: The yellow arrow illustrates a projected upward movement over the coming weeks/months if the support holds.
After a prolonged downtrend, SUSHI/USDT is now at a critical turning point, bouncing from a multi-year support zone. This accumulation phase may be the early stage of a major bullish trend. Traders should keep an eye on this setup as a breakout toward higher resistance levels could be imminent.
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#BullishReversal #CryptoSignals #PriceAction #ChartPattern
Sushiusdtlong
#SUSHI/USDT#SUSHI
The price is moving in a head and shoulders pattern on the 1-hour frame, adhering well to it, and is heading for a strong breakout upwards and retesting it, forming the right shoulder.
We have a bounce from the lower channel line to the right shoulder, which is support at 0.620.
We have a downtrend on the RSI indicator that is about to be broken and retested, supporting the upside.
We have a trend of consolidation above the 100 moving average.
Entry price: 0.629
First target: 0.637
Second target: 0.650
Third target: 0.666
#SUSHI/USDT#SUSHI
The price is moving within a descending channel on the 1-hour frame and is expected to break and continue upward.
We have a trend to stabilize above the 100 moving average once again.
We have a downtrend on the RSI indicator, which supports the upward move by breaking it upward.
We have a support area at the lower limit of the channel at 0.616, acting as strong support from which the price can rebound.
Entry price: 0.621
First target: 0.634
Second target: 0.643
Third target: 0.654
SUSHIUSDT Potentially BullishWe've seen some pretty significant move in the the crypto market in the last few days (maybe weeks) especially wiith BINANCE:BTCUSDT hitting the 104K area. It is more than expected that most coins will follow suit.
BINANCE:SUSHIUSDT is one of such coins and as it stands, it has broken a significant zone at the 0.7175 area and attempting a retest. If the zone holds as a new found support, we just might see another significant push phase targeting the 1.32 area. Until then, fingers crossed
Updates to follow!!!
Past results does not guarantee future results
SUSHIUSDT Holding Strong Support — Bullish Ahead?"SUSHIUSDT Technical analysis update.
SUSHIUSDT has respected a strong horizontal support zone for several years, as shown by multiple successful retests. Every dip into this support area has triggered a notable bounce.
Currently, SUSHI is once again bouncing off this major support, and the price action suggests potential for a larger bullish move ahead. Before the big rally price could correct, if the rally continues, then the next target $2.80–$3.40 level.
#SUSHI/USDT#SUSHI
The price is moving in a descending channel on the 1-hour frame and is expected to continue upwards
We have a trend to stabilize above the moving average 100 again
We have a descending trend on the RSI indicator that supports the rise by breaking it upwards
We have a support area at the lower limit of the channel at a price of 0.850
Entry price 0.897
First target 0.924
Second target 0.947
Third target 0.980
#SUSHI/USDT Ready to go higher#SUSHI
The price is moving in a descending channel on the 1-hour frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at a price of 1.37
We have a downtrend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 1.45
First target 1.58
Second target 1.73
Third target 1.89
SUSHIUSDT Reversing from Major SupportSUSHIUSDT technical analysis update
SUSHI's price touched its major yearly support level this week, a zone it has bounced back from multiple times over the last four years. We can expect a bounce from this support level again.
Stop Loss: $0.45
Target :100%-300%
regards
Hexa
#SUSHIUSD 1 DAYSUSHIUSD 1-Day Analysis: Uptrend & Buy Opportunity
The SUSHIUSD pair is currently showing a robust upward trend on the daily chart, indicating strong bullish momentum. Recent price action suggests a solid support level has formed, providing a favorable entry point for potential buyers. Key indicators, including moving averages and RSI, further reinforce the uptrend, signaling increasing buying interest.
Market sentiment appears positive, driven by recent developments in the DeFi space and increased user engagement on the SushiSwap platform. This favorable environment presents a compelling buy opportunity for traders looking to capitalize on potential price appreciation.
As always, it’s crucial to consider risk management strategies and stay updated on market news to make informed decisions.
SUSHI (Crypto SUSHISWAP-USD) BUY TF H4 TP = 0.7142On the H4 chart the trend started on Aug. 07 (linear regression channel).
There is a high probability of profit taking. Possible take profit level is 0.7142
Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested in it. Thank you!
Good luck!
Regards, WeBelievelnTrading
SushiSwap Analysis & Profit TargetsSo SushiSwap is a good overall coin, also with XSushi Staking Program, the project is going the right direction at this current time.
Analysis suggests that we are at support, the reward vs the risk is very rewarding.
In the next bull run it can go up to 20$ or even more.
It's possible as long as the project and the developers go in the right direction with the project.
However, it's possible.
The profit targets are the fib levels, trailing the take profits is a good idea as well.
Do Your Own Research, This is not Financial Advice
Crypto Shadow
SUSHIUSDT Potentially for a LongBINANCE:SUSHIUSDT broke slightly above the 1.7283 area. With the reversal pattern taking formation, BINANCE:SUSHIUSDT will likely be in for a long position. This does not mean that there may not be some further dips, but with the dips comes an opportunity to buy more.
Past results does not guarantee future results, do your due diligence before taking any trade idea.