$SUN /USDT is currently trading at 0.02370 USDT (₹6.7), reflecting a 1.24% price increase in the last 24 hours. The price is hovering right at the 25-period moving average and marginally above the 7-period MA, suggesting a stabilizing trend after recent fluctuations. Notably, it's also comfortably above the 99-period MA at 0.02339, indicating a slightly bullish bias in the broader short-term trend. The recent 24-hour high of 0.02402 USDT suggests there was a brief push by buyers, but the modest trading range points to consolidation rather than strong directional momentum at this stage.
The 24-hour trading volume for SUN stands at 46.49 million tokens, equivalent to 1.10 million USDT, reflecting steady interest but not overwhelming buying pressure. As a project in the DeFi space, SUN continues to attract attention due to its potential utility in decentralized finance ecosystems. However, given the tight price range and alignment of the price with short-term moving averages, the market appears to be in a wait-and-see mode. Traders may be watching for a breakout above 0.024 USDT or a pullback to test support near the 0.02332 level to determine the next significant move.
