$SUN Breakout Surge – Can Bulls Maintain the Momentum?
$SUN is trading around $0.03517, posting an impressive +18.62% daily gain after a sharp breakout from the $0.03000 zone. The rally pushed as high as $0.04400 before retracing, with buyers now attempting to consolidate gains and defend key support levels. The next move will decide whether SUN extends higher or cools off after the surge.
Key Levels to Watch
• Resistance: $0.03800 – Breaking above this could drive another push toward $0.04100 and $0.04400.
• Support: $0.03400 – A breakdown below this zone may pull price back toward $0.03250 and $0.03000.
Trade Setup – Bulls Eyeing Continuation, Bears Watching Pullback
Bullish Entry:
• A rebound from $0.03400 or breakout above $0.03800 could target:
• TP1: $0.04100
• TP2: $0.04400
Bearish Entry:
• A breakdown below $0.03400 could invite selling pressure toward:
• TP1: $0.03250
• TP2: $0.03000
Final Note
$SUN is riding strong bullish momentum, but after a parabolic spike, consolidation is natural. Bulls must defend $0.03400 to keep momentum alive, while bears look for weakness to capitalize on profit-taking. Expect high volatility as volume remains elevated.
