The $SUN /USDT trading pair is currently priced at $0.02134, showing a significant downturn of 8.76% with a trading volume of 17.25 million USDT over the past 24 hours. Today's price movement has ranged between $0.02111 and $0.02341, highlighting a sharp decline from the upper end of this spectrum.
The graph displays a pronounced bearish trend, underscored by a sharp drop highlighted by an arrow, indicating a substantial sell-off at the peak of $0.02422. The price has since struggled to recover, with attempts to rise being capped by a lower high at around $0.02209, reinforcing a short-term bearish outlook.
For traders, the current scenario suggests potential short opportunities, should the price break below the day's low at $0.02111. Itâs important to set a tight stop loss just above the recent low high to minimize potential losses should the downtrend reverse unexpectedly. Conversely, any bullish reversal would need to reclaim and stabilize above $0.02209 to consider possible long entries with cautious optimism.
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