$SUN USDT SHOWS STRONG BULLISH BREAKOUT WITH OVERBOUGHT SIGNALS 🚀
$SUN is trading at $0.03145 (+3.69%), after bouncing sharply from its recent low of $0.02535 and reaching a 24h high of $0.03500. The rally is supported by high trading volume, indicating strong market interest.
🔹 Moving Averages (MA):
MA(7): 0.02584 → Short-term momentum strongly bullish
MA(25): 0.02266 → Price trading well above mid-term average
MA(99): 0.02070 → Long-term trend remains bullish
🔹 RSI (6): 70.92
RSI is in the overbought zone, suggesting momentum is strong but a short-term pullback or consolidation may occur before the next leg up.
🔹 Key Levels to Watch:
Resistance: $0.03520 → $0.03856 → $0.03955
Support: $0.02649 → $0.02213 → $0.01778
📊 Market Outlook:
As long as SUN holds above $0.02649, the bullish structure remains intact with potential to test $0.03520 – $0.03955. However, the overbought RSI warns of possible cooling before continuation.
👉 Current setup suggests bullish continuation with caution — traders should watch for a breakout confirmation or a healthy retest of support before the next move higher.
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