- The SUSHI coin price trend in an upward direction during the intraday
- SUSHI/BTC pair is trading neutral by 0.2% at 0.00024178 BTC
- The 24-hour trading volume in SUSHI is $203 Million
The daily technical chart of SUSHI coin shows that the price got rejected from the mark of $10.0. According to Fibonacci Bollinger Bands (FBB), SUSHI’s crucial support level is $7.72. On the other side, if it moves up, the necessary resistance level is at $9.85. Thus, while the intraday chart completes a bearish harami candlestick pattern, projecting prices may soon reverse to the downside with medium reliability.
Supertrend (bearish) indicator applied a sell signal on May 22, indicating that the currency is downward. In addition, investors may notice that the price is below the red Supertrend signal, so it will guarantee the downtrend of SUSHI until the price stays below the red Supertrend.
Volume of (2.11M) is beneath the MA of 20-days (6.90M). Low buying pressure is guided in SUSHI, making its price remain at a negative zone. Investors may also recognize descending volume bars in the chart, which indicates a big move is expected in upcoming trading sessions.
The Schaff Trend Cycle indicator (bullish) with a 99.9 represents a buy signal in the coin, projecting an uptrend. Additionally, Investors can see a green buy signal and an upward slope in the index.
Sushiswap (SUSHI) Coin Requires High Buying Pressure To Breach Through $10.0
The SUSHI coin price is $8.20, a gain of 3.0% in 24-hours, and positive by 7.0% in a week. In addition, due to low trading volume, price movements are getting rejected at $10.0. However, the STC indicator shows buying signals. Therefore, for upmove, traders should increase buying pressure. Technically, the price lacks momentum and trades below the $10.0 mark. Therefore, as with general market sentiment, the trend remains bearish.
Resistance: $9.85
Support: $7.72