$SUN / USDT – Attempting to Recover! ☀️
$SUN is currently trading at $0.01788, showing a slight gain of +1.19%. The 4-hour chart shows a recent sharp upward move followed by a slight pullback. It's now trying to regain momentum.
Potential Scenario:
Observation: $SUN experienced a significant spike and is now consolidating near the highs. This could indicate buyers are still interested, and another push upwards might be possible.
Possible Trade Considerations (Watch for Continuation):
Entry: Consider potential entries around the current level or on slight pullbacks towards $0.0178, looking for support to hold.
Target 1: $0.0181
Target 2: $0.0184 (recent high)
Final Target: $0.0187+ (potential for new highs)
Stop Loss: Place a stop-loss below the recent low, perhaps around $0.0176, to manage risk.
Key Observation: Watch if SUN can hold above the $0.0178 level and break the $0.0184 resistance for potential further upside.
Remember to conduct your own thorough analysis before making any trading decisions. Hope you're having a nice Sunday evening!
