$SUN USDT BEARISH BREAKDOWN: SHORT SETUP AFTER EMA CROSSOVER FAILURE
The 15-minute chart for $SUNUSDT reveals a weakening bullish momentum, now transitioning into a bearish phase. Price action failed to hold above the EMA(25) and EMA(7), both of which are now sloping downward and converging below the EMA(99)—a classic signal of short-term exhaustion and potential reversal.
The recent rejection near the 38.2751% level confirms resistance, while the lower highs and narrowing price range suggest distribution. Volume has declined post-peak, indicating fading buyer interest and increasing vulnerability to downside pressure.
The EMA(99) at 0.03068 is acting as a magnet, and a breakdown below this level could accelerate bearish momentum. The 24-hour volume data shows a significant drop-off in USDT inflow, further supporting the bearish bias.
SHORT ENTRY ZONE: 0.03200–0.03230
TARGET 1: 0.03080
TARGET 2: 0.02950
TARGET 3: 0.02780
STOP LOSS: 0.03310
Risk Management: Use 2–3% of portfolio per trade. Adjust SL if volatility spikes. Avoid overleveraging in short setups during low-volume phases.