Market Overview for SushiSwap/Tether (SUSHIUSDT)

Monday, Dec 22, 2025 11:49 am ET1min read
Aime RobotAime Summary

- SUSHIUSDT formed a bullish engulfing pattern at 0.2907, breaking above 0.2933 resistance with 3x higher volume.

- RSI hit overbought levels (65-70) and Bollinger Bands widened, signaling heightened volatility and potential consolidation.

- Price stalled twice at 0.2934-0.2950 cluster while MACD crossed above signal line, reinforcing short-term bullish momentum.

- Fibonacci analysis shows 0.2970 as key consolidation level, with potential to test 0.2970-0.2990 range ahead.

Summary
• Price formed a bullish engulfing pattern near 0.2907 and tested a key resistance cluster at 0.2934–0.2950.
• Volume surged in the late morning ET as price broke above 0.2933.
• RSI moved into overbought territory (65–70) during the rally, indicating potential near-term exhaustion.
• Bollinger Bands widened, suggesting a period of rising volatility.
• Turnover spiked 3x above the 24-hour average between 00:15 ET and 01:00 ET.

SushiSwap/Tether (SUSHIUSDT) opened at 0.2908 on 2025-12-21 12:00 ET and closed at 0.2994 on 2025-12-22 12:00 ET, reaching a high of 0.3013 and a low of 0.2893. Total volume was 2,258,144.0 and notional turnover stood at 678.58.

Structure & Formations


A bullish engulfing pattern formed at 0.2907 as price reversed from a short-term low, indicating buying pressure. A cluster of resistance levels emerged between 0.2934 and 0.2950, where price stalled twice. A doji at 0.2975–0.2975 suggested indecision during the afternoon ET.

Moving Averages


On the 5-minute chart, the price spent most of the session above the 20-period and 50-period SMAs, indicating a short-term uptrend. On the daily chart, the 50- and 100-period SMAs intersected near 0.2938, forming a potential support level.

Momentum and Volatility


RSI surged into overbought territory (65–70) between 04:45 ET and 06:00 ET, signaling potential near-term consolidation. Bollinger Bands expanded as the price moved, indicating rising volatility. MACD crossed above the signal line around 02:30 ET, reinforcing bullish momentum.

Volume and Turnover


Volume spiked sharply in the early morning ET (00:15–01:00) as the price broke above 0.2933, confirming the breakout. Notional turnover surged 3x during this period. However, a divergence between volume and price was observed during the late afternoon ET pullback.

Key Levels and Fibonacci


The 0.2934–0.2950 range acted as a key resistance cluster. A 5-minute swing from 0.2893 to 0.3013 shows Fibonacci levels at 38.2% (0.2934) and 61.8% (0.2970). Price appears to be consolidating near 0.2970, suggesting potential for a test of the 0.2970–0.2990 range.

Price may attempt a test of the 0.2970–0.2990 range in the next 24 hours, but traders should watch for a rejection at 0.3005. As with all volatile assets, unexpected news or macro moves could disrupt short-term patterns.