🚨 $SUN /USDT ALERT: Bullish Spike with Critical Levels! 🚨
$SUN is up 35.78%, trading at $0.03404, with a 24-hour high of $0.04300 and a low of $0.02393. This strong upward momentum showcases increased buying interest and potential for more gains.
Key Levels to Monitor:
1️⃣ Resistance at $0.04300 – A breakout above this critical resistance could propel SUN toward the next targets at $0.04800 and $0.05500.
2️⃣ Support at $0.03247 – Holding this level is crucial to maintain bullish momentum. A drop below may lead to a retracement toward $0.02800.
3️⃣ Target at $0.05500 – Sustained bullish pressure could drive SUN to this psychological level, marking a significant upside potential.
Trade Setup:
Long Entry: Look for confirmation above $0.03404 with targets at $0.04300, $0.04800, and $0.05500. Place a stop-loss at $0.03200 to manage downside risk.
Short Entry: If SUN breaks below $0.03247, consider shorting with targets at $0.02800, $0.02500, and $0.02300.
⚠️ Risk Management: Given SUN’s volatility, ensure proper risk management by using stop-loss orders and adjusting positions as per market action.