$SUN /USDT BEARISH ANALYSIS
Current Price: 0.02335 USDT
$SUN /USDT is showing bearish momentum after failing to break above the 0.02368 resistance. Price is trading below short-term moving averages, indicating potential continuation to lower support levels if sellers maintain control.
KEY LEVELS
Resistance: 0.02350 | 0.02368 | 0.02385
Support: 0.02320 | 0.02305 | 0.02290
Indicators Insight:
MA(7): 0.02333 – short-term resistance
MA(25): 0.02337 – confirming trend alignment
MA(99): 0.02347 – overhead resistance
MACD: Bearish momentum expanding, favoring sellers
TRADE SETUP
Position: Short
Entry Zone: 0.02340 – 0.02350
Take Profit (TP):
TP1: 0.02320
TP2: 0.02305
TP3: 0.02290
Stop Loss (SL): 0.02365
RISK MANAGEMENT
Risk 2%–3% of trading capital per trade. Move stop loss to breakeven after TP1 to protect profits. Avoid entries if price closes above 0.02365.
Summary:
$SUN /USDT remains bearish below 0.02350, with potential continuation toward 0.02320–0.02290 if selling pressure sustains.
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