$SUN

/USDT Technical Analysis and Trade Strategy🎯📈

Current Overview

Current Price: $0.02449

24h High: $0.02542

24h Low: $0.02388

24h Volume:

SUN: 147.98M

USDT: 3.65M

SAR: $0.02400 (Support)

AVL (Average Volume Level): $0.02445

Performance: -2.00% (Mild Bearish Sentiment)

Technical Indicators

Trend: Bearish to Neutral

Support Levels:

Primary: $0.02400 (SAR Level)

Secondary: $0.02388 (24h Low)

Resistance Levels:

Primary: $0.02500 (Psychological Level)

Secondary: $0.02542 (24h High)

Trade Setup

Long Entry Zone

Entry: Between $0.02400 and $0.02450

Confirm a bounce from SAR support ($0.02400) with volume increase.

Stop Loss

Long Stop: $0.02370 (Below 24h Low)

🎯 Target Levels for Long Trade

1. Target 1: $0.02500 (Approx. 2% Profit)

2. Target 2: $0.02530 (Near 24h High, 3.5% Profit)

3. Target 3: $0.02542 (24h High, 4% Profit)

Short Entry Zone

Entry: Below $0.02380 (Breakdown of Support)

Stop Loss: $0.02420 (Above SAR)

🎯 Target Levels for Short Trade

1. Target 1: $0.02360 (Approx. 1% Profit)

2. Target 2: $0.02340 (Next Support)

3. Target 3: $0.02320 (Deeper Support Zone)

Strategy Execution

1. Confirm Volume:

Long Trade: Look for increasing buying volume near $0.02400.

Short Trade: Confirm strong selling pressure below $0.02380.

2. Risk-Reward Ratio: Target a 2:1 reward-to-risk ratio.

3. Trailing Stop: Lock in profits after hitting Target 1.

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