Market Overview for SushiSwap/Tether (SUSHIUSDT)

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Wednesday, Jan 7, 2026 11:55 am ET1min read
SUSHI
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Aime RobotAime Summary

- SUSHIUSDT formed a bullish engulfing pattern at 0.3442–0.3465 before breaking key support at 0.342 and 0.340.

- RSI indicated oversold conditions near 0.3355, while Bollinger Bands showed price bouncing off the lower band, signaling short-term weakness.

- High turnover during 14:15–15:30 ET aligned with the price drop to 0.3355, driven by bearish candle volume.

- Fibonacci levels highlight 0.3378 (38.2%) and 0.3393 (50%) as potential support, with a 0.3381 (61.8%) floor if buyers return.

- A close above 0.3393 could signal a short-term recovery, but sustained bearish momentum risks a clean break below 0.3355.

Summary
• Price formed a bullish engulfing pattern at 0.3442–0.3465 before consolidating.
• Volatility expanded mid-day, with a 5.6% low-to-high swing in the 5-hour window.
• RSI indicated oversold conditions near 0.3355, suggesting potential for a rebound.
• Bollinger Bands show price bouncing off the lower band, indicating short-term weakness.
• Turnover spiked during the 14:15–15:30 ET window, aligning with the price drop to 0.3355.

SushiSwap/Tether (SUSHIUSDT) opened at 0.3495, reached a high of 0.3591, and a low of 0.3355, closing at 0.3355 at 12:00 ET. Total volume was 1,911,317.0 units, with a notional turnover of 666,578.49 USD.

Structure & Key Levels


The price formed a bullish engulfing pattern at 0.3442–0.3465 before entering a bearish phase, where it broke key support at 0.342 and 0.340. The 0.3355 level acted as a short-term floor during the session, with a potential next support at 0.3336. Resistance remains at 0.344 and 0.3465, with 0.3506 as a key psychological level from prior consolidation.

Momentum and Oscillators



The RSI hit oversold territory near 0.3355, suggesting a possible rebound. The MACD remained bearish throughout the session with a narrowing histogram, indicating fading downward momentum. While the move from 0.3405 to 0.3355 saw strong volume, the MACD did not confirm a strong bearish impulse, hinting at a potential reversal in the near term.

Volatility and Bollinger Bands


Volatility expanded mid-day, with a 5.6% low-to-high swing between 14:15 and 15:30 ET. The price consistently traded near the lower Bollinger Band, suggesting continued short-term weakness. A retest of the upper band would require a break above 0.3465 and confirmation of bullish momentum.

Volume and Turnover


The 14:15–16:45 ET period saw the highest turnover and volume, coinciding with the price drop to 0.3355. The volume was concentrated in bearish candle bodies, indicating selling pressure during the move. A divergence between price and volume during the 03:00–05:00 ET window suggested a pause in bearish conviction.

Fibonacci Retracements

Fibonacci levels on the 0.3405–0.3355 move highlight 0.3378 (38.2%) and 0.3393 (50%) as key potential support levels. On the larger 0.3506–0.3355 swing, the 61.8% level at 0.3381 may act as a short-term floor if buyers return.

Forward Outlook and Risk Note


The price appears to have tested key support at 0.3355, with RSI indicating potential for a rebound. A close above 0.3393 could signal a short-term recovery. However, sustained bearish momentum remains a risk if the 0.3355 level breaks cleanly. Investors should monitor volume and RSI for reversal confirmation over the next 24 hours.