๐จ $SUN /TRY โ Breakout Brewing or More Sideways Chop? โ๏ธ๐ฑ
$SUN is trading just below short-term resistance at 0.7650 TRY, with momentum leaning neutral. Is this the calm before a breakoutโor a trap before a fade? Letโs dig into the setup:
๐ Market Overview
๐ Current Price: 0.7640 TRY
๐ 24h High: 0.7717
โ๏ธ 24h Low: 0.7346
๐ MA(7): 0.7652
๐ MA(25): 0.7593
๐ MA(99): 0.7535
๐ RSI (6): 52.78 (Neutral โ waiting for confirmation)
๐ 24h Volume: 799,189 SUN (~607K TRY)
๐ Volume (Today): 1,538 SUN (Low participation)
๐ Sun Trade Setup โ Key Levels to Watch
๐น Bullish Scenario (If SUn Holds Above 0.7590):
Entry: Above 0.7660
Targets: 0.7717, 0.7735, 0.7760
Stop-Loss: 0.7540
๐น Bearish Scenario (If SUN Breaks Below 0.7540):
Entry: Below 0.7540
Targets: 0.7431, 0.7322, 0.7212
Stop-Loss: 0.7660
๐ Should You Hold or Sell?
โ Price holding above MA(25) = short-term bullish tilt
โ RSI around 50 = potential for trend continuation if volume kicks in
๐ซ Low volume = lack of conviction โ avoid fake breakouts!
๐ก Pro Tip:
๐ If SUN clears 0.7717 with volume, quick move to 0.7760 likely
โ ๏ธ Below 0.7540 = bears in controlโtighten risk or wait for re-entry
๐ข Are you buying the dip or fading this chop? Letโs strategize below! ๐ง ๐ฌ
๐ฅ LIKE & SHARE if you love clean setups backed by real data! ๐