$SUN /USDT – Bearish Breakdown in Progress!
Momentum Analysis: SUN/USDT is currently trending downward, reflecting a -3.84% drop. The price is near the support level, indicating possible continuation of the bearish trend.
Short Setup:
Entry Zone: 0.01660-0.01680
Targets: T1: 0.01620, T2: 0.01550, T3: 0.01480
Stop Loss: 0.01730
Breakout Confirmation Level & Key Support: Break below 0.01640 would confirm further downside, with the next major support around 0.01600.
Pro Tip for Traders: Watch for the 15m or 1h timeframe confirmation below 0.01640 for a more confident entry. If a reversal is seen above 0.01700, a shift to neutral or bullish might be in play.
Relevant Hashtags: #SUNUSDT #DeFi #CryptoTrading #BearishTrend #Breakdown