š$SUN / USDT On the Move! Quick Gains Ahead!š
The 4-hour chart for $SUN / USDT on Binance shows a bearish trend, with the price currently trading at $0.02290, down -2.39% in the last 24 hours. The price is approaching the lower end of its recent range, with the 24-hour low at $0.02275 and high at $0.02353.
š Key Observations:
The chart highlights consistent selling pressure, with lower highs and lower lows forming over the past few days.Short-term consolidation near the $0.02275-$0.02300 zone could suggest a potential support level.Trading volume indicates moderate activity, with 24-hour volume at 45.14M SUN.
š Potential Scenarios:
Bullish case: A breakout above $0.02350 could signal a short-term recovery, targeting $0.02400.Bearish case: A breakdown below $0.02275 might open the door for further downside.
š” Always use stop-losses and trade with caution in volatile markets. Let us know your strategy for SUN/USDT in the comments!
