$SUN /USDT ā BEARISH PRESSURE WITH SUPPORT TESTING šā ļø
$SUN is currently priced at $0.01697, showing a slight decline of -0.06%. The market is facing bearish pressure as it approaches key support levels, potentially signaling a further downside move.
KEY LEVELS:
Support: $0.01663 (24h low), $0.01650 (strong base)
Resistance: $0.01709 (24h high), $0.01720 (next resistance)
Current Price: $0.01697
TRADE SETUP ā SHORT ENTRY:
Entry: $0.01695ā$0.01700
TP1: $0.01650
TP2: $0.01620
SL: $0.01730
CHART SIGNALS:
MACD indicating bearish momentum ā
EMA showing downward movement ā
Bollinger Bands signaling price contraction, ready to break lower ā
RISK MANAGEMENT:
Risk 2%ā3% per trade. Set SL to protect capital and avoid unnecessary losses.
Stay cautious and trade smart with proper risk management!
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