Direction
Long
Published
October 11, 2024
Status
Token
SUSHI
Trigger
Support/ResistanceChart Pattern
Type
Updated
About + Tokenomics
CoinMarketCap Rank | 239 |
Market Cap | 200M |
Volume 24h | 32M |
Total Supply | 277M |
Circulating Supply | 261M |
Chain | Solana |
Chart Analysis
Sushi is about to form a perfect U-shaped recovery pattern. The pattern has its top at $1.30 and touched the bottom at $0.5.
If Sushi continues to follow this pattern, it will provide various entries and exits on the way up.
Technical Indicators
- MACD: Bearish, about to turn bullish 🔵
- RSI: Neutral 🟢
- VMA: Neutral 🔵
- Triple EMA: Price is above most EMAs 🔵
- ADX: 17, indicating no trend 🔴
Chart
Trade Setup
As mentioned, the chart provide various entries and exits.
- Potential Entries: $0.76, $0.84, $0.99
- Targets: $0.84, $0.99, $1.25
- Stop Loss: Depending on the entry