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Summary
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SushiSwap/Tether (SUSHIUSDT) opened at 0.3300 (12:00 ET - 1), reached a high of 0.3476, a low of 0.3289, and closed at 0.3466 (12:00 ET). Total volume was 917,235.7, with $308,592.3 in turnover over 24 hours.
Structure & Moving Averages
Price formed a clear bullish breakout above 0.3400 on strong volume, with the 20-period and 50-period moving averages aligning higher on the 5-minute chart. The daily chart shows the 50-period MA at 0.3360, indicating SUSHIUSDT may remain above key trendline support in the near term.
Momentum & Oscillators
The RSI closed near 70, signaling potential overbought conditions, while MACD showed a strong bullish crossover with a rising histogram. This suggests sustained buying pressure, though a pullback into the 0.3385–0.3410 range could test consolidation before resuming higher.

Volatility & Fibonacci
Bollinger Bands expanded during the rally, with price staying near the upper band for much of the session. The 61.8% Fibonacci retracement of the recent leg from 0.3289 to 0.3476 lies at 0.3420, where buyers may struggle to hold, prompting a potential retest of 0.3395–0.3400.
Volume and Turnover Confirmation
Volume increased significantly during the final three hours of the session, with turnover rising in tandem. This divergence suggests strong conviction in the bullish move above 0.3400, though a volume contraction above 0.3450 could signal exhaustion.
SUSHIUSDT appears poised to continue higher but may face short-term resistance near 0.3430–0.3450. Traders should watch for a potential pullback to 0.3400 for re-entry opportunities. As always, volatility remains high, and sudden reversals could occur with sharp volume spikes.
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