Market Overview for SushiSwap/Tether (SUSHIUSDT)

Generated by AI AgentTradeCipherReviewed byAInvest News Editorial Team
Thursday, Dec 11, 2025 11:49 am ET1min read
USDT
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SUSHI
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Aime RobotAime Summary

- SUSHIUSDT fell to 0.3247, breaking key support at 0.3407 with a bearish engulfing pattern at 0.3483.

- Volume spiked over 183,000 during the 19:45 ET breakdown candle, confirming downward momentum.

- RSI at oversold 26 suggests short-term rebound potential, but sustained recovery needs a close above 0.327.

- Bollinger Bands expanded post-18:00 ET, showing heightened volatility aligned with increased turnover.

- Near-term focus remains on 0.324-0.320 support levels, with breakdown risks below 0.320 and potential bounce signals.

Summary
• Price declined from 0.3426 to 0.3247 on the 24-hour chart with key support near 0.324.
• A bearish engulfing pattern emerged around 0.3483, confirming downward momentum.
• Volume spiked over 183,000 during the 19:45 ET candle, supporting the breakdown.
• Bollinger Bands expanded post-18:00 ET, indicating increased volatility.
• RSI remains in oversold territory (26), suggesting potential for a near-term rebound.

SushiSwap/Tether (SUSHIUSDT) opened at 0.3426 on 2025-12-10 at 12:00 ET, hit a high of 0.3548, a low of 0.3163, and closed at 0.3247 on 2025-12-11 at 12:00 ET. Total volume for the 24-hour period was approximately 2,465,565. Total notional turnover amounted to around $795,280 based on the dataset.

Structure & Formations


The pair experienced a bearish shift following a key break below the 0.3407 support level.
A bearish engulfing pattern formed on the 0.3483 candle, confirming downward pressure. A doji appeared near 0.3212 during the early morning, suggesting a potential pause in the bearish trend. Strong support appears to have emerged at 0.324–0.325, with further bearish levels expected near 0.320 and 0.317.

Technical Indicators


MACD turned negative and remains in bearish territory, with RSI reaching an oversold reading of 26. This could signal a short-term bounce near current levels, though a sustained move above 0.327 would be needed for a reversal. The 20-period and 50-period moving averages on the 5-minute chart are both below the current price, reinforcing the bearish bias.

Volatility and Volume


Bollinger Bands expanded sharply after 18:00 ET, confirming a spike in volatility. The most significant volume occurred around 19:45 ET on a large bearish candle, confirming the breakdown. Volume remained elevated throughout the session, with no notable divergences between price and turnover. Turnover appears to have increased in tandem with price action.

Implications and Outlook

The near-term outlook suggests a test of key support levels between 0.324 and 0.320. If buyers fail to defend 0.324, a move toward 0.317 becomes more likely. A short-term rebound could occur due to the oversold RSI and bear trap signals, but the broader trend remains bearish. Investors should watch for a potential bounce or breakdown in the next 24 hours and be cautious of increased volatility if the key supports break.