$SUN
/USDT SKYROCKETS WITH MASSIVE 44% DAILY GAIN
SUN/USDT surged +44.80% today, trading around 0.03436 USDT, after reaching a high of 0.03856. This explosive move makes SUN one of the top DeFi gainers of the day, with a 24h trading volume of 4.22B SUN, reflecting strong market participation.
๐ Technical Overview:
Trend: Strong bullish momentum with buyers dominating (Order Book ~50/50 but price action favors bulls).
Resistance Levels: 0.0389 (immediate), followed by 0.0430.
Support Levels: 0.0324 and 0.0308.
Indicators:
EMA & MA: Price trading above key moving averages, confirming bullish breakout.
MACD: Bullish crossover, momentum expanding.
SAR & Bollinger Bands: Pointing to a potential continuation, but volatility is high.
๐ Performance Snapshot:
7 Days: +63.37%
30 Days: +46.63%
90 Days: +98.50%
180 Days: +110.16%
1 Year: +36.49%
โก Market Sentiment:
The strong surge shows accumulation and bullish conviction. If SUN sustains above 0.035, continuation toward 0.045โ0.050 is possible. However, a rejection at 0.0389 could trigger a correction back to the 0.032โ0.030 support zone.
๐ Traders should watch closely for breakout confirmation above 0.039 or possible retracement entries near 0.032โ0.030.
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