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Sushiusdt

🌟🔍 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. 🧠💼
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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. . 🌴💰
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by MyCryptoParadise
1
#SUSHIAfter the failure of the downward trigger and the strong exit from the concentration, it has created a corner pattern with the ascending guard, which can continue this growth until the upper areas if it is supported in the specified area. In the weekly time, the path of upward movement of the currency is open and it will have the ability to grow up to the important daily and weekly resistance area of 2.8 to 3.12. Also, if it penetrates below the support of 1.18, the possibility of an increase will be weakened and the analysis will be invalidated.
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by alikze
SUSHI/USDT Had a Good Run So Far | 👀🚀 What's Next?💎 Paradisers, focus on SUSHIUSDT, as it's currently exhibiting a compelling market trend. The asset is showing signs of a potential bullish move from a key support level. 💎 Recently, SushiSwap faced a hurdle at the $1.49 resistance level. If SUSHI can maintain its ground at the critical support level of $1.04, there's a considerable likelihood that we could see a continuation of its bullish trend. This positive view is bolstered by SUSHI's strong showing above the EMA, indicating the potential for continued upward movement from this level. 💎 On the other hand, if SUSHI finds it challenging to hold its position at the $1.04 support, a strategic reassessment might be in order. In such a case, we might need to anticipate a bullish movement initiating from a lower demand zone. 💎 Stay vigilant and prepared, Paradisers. Your ParadiseTeam is here to provide key market insights, assisting you in navigating these trends and ensuring your trading choices are both well-informed and tactically sound.
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by MyCryptoParadise_Simon
1
SUSHIUSDTBullish Bias and Potential 70% Price SurgeSUSHIUSDT recently marked a decisive break above a descending channel, signaling a significant shift in price dynamics. Preceding this breakout, the price consistently respected both a minor and a major demand zone, indicating robust bullish pressure within the market. Further reinforcing this bullish bias is the clear bounce observed from a simple uptrend trendline, coupled with a distinct formation of higher highs (HHs) and higher lows (HLs) pattern. Considering these bullish confirmations, there's a higher probability of the uptrend's continuity, potentially leading the price towards a massive supply zone formed back in 2022. Upon reaching this supply zone, it could signify a noteworthy 70% price increase for SUSHI.
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by CryptoPAMM
#SUSHI/USDT#SUSHI The bearish pattern on a 3-day frame was breached The price rushed strongly, heading to the first target at the price of 0.869, touching the moving average of 100. It is expected that the price will rebound with a correction from the first target and then continue rising to the second target of 1.170 This represents 100% of the penetration price This is supported by significant buying momentum and an upward trend Please note that moving average 100 will give an upward push to the price once it is breached
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by CryptoAnalystSignal
3
SUSHI ANALYSIS🔮 #SUSHI Analysis 🚀🚀 💲💲 There is a breakout of Falling Wedge Pattern in #SUSHI. Currently the price is consolidating in a parallel channel. The greater the consolidation, the greater is the possibility of price increase in #SUSHI. 📈📈 💸Current Price -- $1.145 📈Target Price -- $2.470 ⁉️ What to do? - We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸 🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments. #SUSHI #Cryptocurrency #Breakout #DYOR
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by ZEUS_Market_Alerts
1