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SUSHI / TetherUS

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SUSHIUSDT trade ideas

SUSHI/USDT | 1W The coin has seen a decent jump amid recent news. The token itself is technically a bit overbought at the moment. However, after a slight correction or some trading activity, I see the potential for breaking through the trendline resistance. This presents an opportunity to consider adding it to the portfolio with a small percentage. - Not financial advice, trade with caution. #Crypto #SushiSwap #Investment #SUSHI ✅ Stay updated on market news and developments that may influence the price of SushiSwap. Positive or negative news can significantly impact the cryptocurrency's value. ✅ Exercise patience and discipline when executing your trading plan. Avoid making impulsive decisions driven by emotions, and adhere to your strategy even during periods of market volatility. ✅ Remember that trading always involves risk, and there are no guarantees of profit. Conduct thorough research, analyze market conditions, and be prepared for various scenarios. Trade only with funds you can afford to lose and avoid excessive risk-taking. #Crypto #SushiSwap #Investment #SUSHI
Long
by Nyskohuz
🌟🔍 SushiSwap (SUSHI) in a Prolonged Accumulation Phase 🍣🔐 📊 SUSHI's Accumulation Box: SUSHI has been in a 610-day accumulation box, with a notable exit and subsequent return to the box, indicating strong interest from traders and investors in purchasing at these levels. 📈 Volume Surge on Return: The return to the accumulation box was marked by significant volume, underscoring the buying interest in SUSHI. 🛒 Long-Term Holding Strategy: For long-term holders, buying after $1.568 seems favorable. However, it's advised to use a wide stop loss to remain in the position comfortably. 🛑 Stop Loss Recommendation: A stop loss below $0.922 is recommended. This might seem large, but it's crucial to consider the overall risk management strategy. 🔍 Futures Trading: For those interested in futures and looking for long positions, considering entry after $1.370 could be strategic. 🚫 Risk Management in Futures: Comparing the stop loss in spot trading with futures, a 2.5% stop loss with 20x leverage in futures equates to a significant risk. Hence, the notion of a 'large' stop loss in spot trading should be reconsidered. 📉 Accumulation Box Breakout: When constructing a digital asset portfolio, waiting for a weekly breakout of these significant accumulation boxes is often a prudent strategy. 📣 What's your view on SUSHI's current accumulation phase and breakout potential? Are you planning to hold, trade, or wait for further signals? Share your strategies and insights! 💬🌐 #SUSHICoin #CryptoStrategy #TradeCityPro 📚 Remember: The crypto market's inherent volatility demands careful planning and risk assessment. Ensure your investment decisions align with your financial goals and risk tolerance. 🧠💼
Long
by tradecitypro
11
SUSHI after breaking above the short-term resistance can go upSUSHI after breaking above the short-term resistance can go up. Here is the potential entry zone with TPs and SL 🔵Entry Zone 1.224 - 1.280 🔴SL 1.1304 🟢TP1 1.3909 🟢TP2 1.4697 🟢TP3 1.6079 Risk Warning Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. If you liked our ideas, please support us with your likes 👍 and comments.
Long
by JosephMcKenzie
SUSHI/USDT Perfect bounce on the support, Could Continue UP ??💎 SUSHI's market activities have recently been under the spotlight. It has shown a remarkable bounce back from its support area, indicating a significant recovery. This upward trajectory suggests that SUSHI could potentially continue to rise and attempt a breakthrough of the strong resistance area, aligning with our targeted projections. 💎 However, if SUSHI struggles to maintain its upward momentum towards the resistance trendline, there's a chance it might revert to a downward movement, returning to the support area to regain momentum. 💎 A critical point to watch is if SUSHI revisits the support area but fails to hold this level. In such a scenario, a breakdown of the support area could occur, leading SUSHI towards the demand area. 💎 Under these circumstances, there's a possibility of an even further decline to the stronger support levels. The market's response at these pivotal support zones will be key in determining SUSHI's subsequent market direction.
by MyCryptoParadise_Nathan
2
SUSHI/USDT Eyeing Bullish Prospects from Demand Zone?👀🚀 Sushi 💎 Paradisers, let’s zoom in on #SUSHIUSDT as it’s currently exhibiting a significant market pattern. Positioned in a demand zone, it is indicating a potential for an upward move. 💎 A recent analysis of #SUSHI shows that after retesting the descending channel, it has started an upward trajectory. Currently, with its momentum building up in the demand zone at $1.220, there’s a high likelihood of a bullish move from this level. Should the price maintain its momentum here, we can expect SUSHI to target overcoming the bearish Order Block (OB) above. 💎 However, in the ever-changing landscape of crypto trading, it’s essential to be prepared for different market scenarios. If #SUSHI struggles to keep up its momentum above the demand zone, a strategic shift may be necessary. In such a case, we might need to focus on a bullish rebound from a slightly lower support level at $1.159. Importantly, if CRYPTOCAP:SUSHI breaks below this support level, it could signal the onset of a bearish trend. . 🌴💰
Long
by MyCryptoParadise
1