TheCoinRepublic

Buying Opportunity Strikes for SUSHI Investors

Long
COINBASE:SUSHIUSD   SUSHI/USD
*SushiSwap Price is trading in a cup and handle pattern over the daily chart .

SushiSwap Price is trading in a cup and handle pattern over the daily chart . Basically the trading pattern forecasts a curve making a cup and a price drop sketching handle over the chart.

SUSHI coin is presently CMP at $3.57 and has lost 10.23% of its market capitalization in the last 24-hour period. However, trading volume has increased by 16.58% in the intraday trading session.

Stoch-RSI showcases that SUSHI coin is in extreme oversold territory. K and D are at 0.88 and 20 respectively. Investors need to wait for any directional change over the chart.

MACD exhibits bearish momentum of SUSHI coin. The MACD line is behind the signal line after a negative crossover.


Technical Levels
Support Level: $2.75
Resistance Level: $5.07

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.