🔍 $SUN /USDT Technical Analysis 🔍

Current Price: $0.02437 (+7.78% in the last 24 hours)

$SUN has shown a solid +7.78% increase in price over the last 24 hours. Let’s dive into the trading data and key technical levels:

24h High: $0.02539

24h Low: $0.02246

24h Volume (SUN): 675.05M

24h Volume (USDT): 16.23M

Key Support and Resistance Levels:

Support: The primary support level is at $0.02296, with an additional support zone at $0.02184, where buying activity is expected.

Resistance: The immediate resistance level is at $0.02539, followed by $0.02557, where the price has faced selling pressure.

Depth Analysis:

Buy orders are concentrated around $0.02296, with strong buying interest at $0.02184.

Sellers are active near $0.02539 and $0.02557, creating resistance zones that will need to be broken for further upside movement.

Outlook:

SUN is in a bullish trend with strong support around $0.02296 and potential resistance at $0.02539. A breakout above the resistance levels could signal further bullish momentum, targeting $0.02557 and beyond.

Conclusion: Watch for a potential breakout above $0.02539 for more upside, while $0.02296 offers strong support.

Keep monitoring the market for updates and trading opportunities on Binance!

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