$SUN /USDT Technical Analysis & Trade Signals
Current Price: $0.03017
Momentum: Bearish, with potential for a rebound near support levels.
Key Levels
Resistance Levels:
R1: $0.03250
R2: $0.03500
R3: $0.03800
Support Levels:
S1: $0.02900
S2: $0.02750
Trade Signals
For Short-Term Traders (Scalping):
Entry Zone: $0.02980ā$0.03020
Targets šÆ:
Target 1: $0.03150
Target 2: $0.03280
Target 3: $0.03500
Stop Loss: $0.02900
For Swing Traders:
Entry Zone: $0.03000ā$0.03050 (on confirmation of reversal signals)
Targets šÆ:
Target 1: $0.03250
Target 2: $0.03500
Target 3: $0.03800
Stop Loss: $0.02850
Momentum Analysis
Indicators:
RSI (14): Oversold zone near 30, indicating a possible upward correction.
MACD: Bearish crossover but showing signs of slowing momentum.
EMA (50 & 200): Price is below both EMAs, confirming short-term bearish pressure.
Trade Momentum Outlook
Bearish Short-Term: Until price sustains above $0.03150.
Bullish Reversal: If price breaks above $0.03280 with volume confirmation.