$SUN USDT BULLISH BREAKOUT SETUP
The pair has shown a strong gain of over 40% in the last 24 hours, bouncing sharply from its 24h low and testing resistance levels near the recent high. Price action indicates strong buying momentum with high volume support, suggesting continuation toward higher levels.
Technical Outlook:
The market recently rejected the 0.023 support zone and surged upward, breaking through resistance levels.
Current structure favors a bullish trend continuation as long as the price holds above its breakout zone.
Key resistance lies near 0.03880, while support remains firm around 0.03040.
Trade Setup (Long Entry):
Entry: Above 0.03150โ0.03200 breakout confirmation
Take Profit (TP): 0.03460 / 0.03780 / 0.03880
Stop Loss (SL): Below 0.03000
Risk Management:
Always use proper position sizing with max 2โ3% risk per trade. Trail your stop once first target is achieved to lock in profits.
Would you like me to also create a short-term intraday plan (scalping-based) or keep it focused on this swing setup?
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