A quick look at SUNUSDPer the request from our audience, we would like to take a look at SUNUSD. Based on the information available on Binance’s website, this cryptocurrency was created in connection with the Sun platform and is intended to promote the development of decentralized finance on the TRON blockchain network. In 2021, the Sun token was swapped with a new version of the token at a ratio of 1:1,000. Since then, the Sun’s value has fallen by more than 51%. Furthermore, unlike Bitcoin and other cryptocurrencies, the SUNUSD marked a new low in early December 2023 (after rising almost 100% between late 4Q22 and 1Q23). Overall, the SUNUSD’s volatility might make for exciting swing trade opportunities. However, a long-term investment in this coin seems high risk.
Illustration 1.01
Illustration 1.01 displays the weekly chart of the Sun token. The blue indicator below the main graph shows the weekly percentage change, providing a good picture of how volatile this cryptocurrency is; for example, on 1st December 2023, the SUNUSD plunged by more than 28% and rose by 41% the following day.
Illustration 1.02
The image above shows the MACD breaking into bullish territory on the daily chart, slightly bolstering a bullish case in the short term.
Technical analysis gauge
Daily time frame = Bullish
Weekly time frame = Neutral
*The gauge does not necessarily indicate where the market will head. Instead, it reflects the constellation of multiple indicators.
Please feel free to express your ideas and thoughts in the comment section.
DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not serve as a basis for taking any trade action by an individual investor or any other entity. Your own due diligence is highly advised before entering a trade.
SUNUSDT
SUNUSDT|Get a long position!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅
The coin, after leaving the local downward channel, lingered in the bullish range, from where you can try to take a few percent, 1-2% of the deposit with a leverage of 2-3X.
Deal plan:
Entry - 0.00562/0.00555$
Stop - $0.005335
Take - 0.00586, fix 50-70% of the position, stop in used.
Guys, I described risk management and money management for you, you don’t need to fly headlong and take a large leverage and enter completely on deposit.
SUN/USDT - Sun (New): Resistance_Breakout◳◱ A Resistance Breakout has been identified on the SET:SUN / CRYPTOCAP:USDT chart. The price has broken above a key resistance level, indicating a potential bullish trend. The next resistance key levels are located at 0.00585 | 0.00619 | 0.00682, and the major support zones can be found at 0.00522 | 0.00493 | 0.0043. Consider entering at the current price zone of 0.00562 and targeting higher levels.
◰◲ General info :
▣ Name: Sun (New)
▣ Rank: N/A
▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Poloniex
▣ Category/Sector: N/A
▣ Overview: Sun (New) project overview is currently unavailable. I'll try to update this in the upcoming analysis.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.00562 ₮
▣ 24HVol: 167,404.124 ₮
▣ 24H Chng: 1.627%
▣ 7-Days Chng: N/A
▣ 1-Month Chng: N/A
▣ 3-Months Chng: N/A
◲◰ Pivot Points - Levels :
◥ Resistance: 0.00585 | 0.00619 | 0.00682
◢ Support: 0.00522 | 0.00493 | 0.0043
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: N/A
▣ Last 90D: N/A
▣ Last 1-Y: N/A
▣ Last 3-Y: N/A
◲◰ Volatility :
▣ Last 30D: N/A
▣ Last 90D: N/A
▣ Last 1-Y: N/A
▣ Last 3-Y: N/A
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.46 - Bearish
▣ Reddit sentiment score is 0.54 - Bullish
▣ In-depth SUNUSDT technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
▣ Welcome to the home of charting big: TradingView
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Finally Sunusdt breaks Crucial Resistance seems Like Sun Is ready for Massive Bullish impulse Falling Wedge Breakout Has already done Expecting 34 to 40% bullish wave
SUN/USDT - Sun (New): Resistance_Breakout_Confirmation◳◱ A Resistance Breakout and Confirmation has been detected on the $SUN / $USDT chart. The price has broken above a key resistance level and has been confirmed by a strong candle, indicating a potential bullish trend. The next resistance key levels are located at 0.00681 | 0.00706 | 0.00767, and the major support zones can be found at 0.0062 | 0.00584 | 0.00523. Consider entering a trade at the current price zone of 0.0068 and targeting higher levels.
◰◲ General info :
▣ Name: Sun (New)
▣ Rank: N/A
▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Poloniex
▣ Category/Sector: N/A
▣ Overview: Sun (New) project overview is currently unavailable. I'll try to update this in the upcoming analysis.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.0068 ₮
▣ 24HVol: 1,255,025.500 ₮
▣ 24H Chng: 3.343%
▣ 7-Days Chng: N/A
▣ 1-Month Chng: N/A
▣ 3-Months Chng: N/A
◲◰ Pivot Points - Levels :
◥ Resistance: 0.00681 | 0.00706 | 0.00767
◢ Support: 0.0062 | 0.00584 | 0.00523
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: N/A
▣ Last 90D: N/A
▣ Last 1-Y: N/A
▣ Last 3-Y: N/A
◲◰ Volatility :
▣ Last 30D: N/A
▣ Last 90D: N/A
▣ Last 1-Y: N/A
▣ Last 3-Y: N/A
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.46 - Bearish
▣ Reddit sentiment score is 0.54 - Bullish
▣ In-depth SUNUSDT technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
▣ Welcome to the home of charting big: TradingView
Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30.
Discover it here - affiliate link -
SUNUSDT is bullish if resistance is penetratedSUNUSDT is fighting with the down slanted resistance and if penetrated with decent volume, then it is a breakout. It has finished wave cycle 1 and hopefully retracement has reached its final point where C is highlighted. 0.0050 cancels the whole forecast.
Note that, it is only for educational purposes, it is not a recommendation to buy or sell. I only present a pure technical analysis using Elliott Wave Theory and trend-lines. However, I do not have the crypto market tone and, my analysis lacks fundamentals as I don't follow the news regarding the coin.
SUN hit targets again. 430% profits. What's next?Hello, dear TradingView members.
This is a SUN idea.
Once more, we opened our positions on SUN around the $0.00525 area, which was a solid support level and a great buy/long opportunity.
So far, we have made about 43% (430% with a 10x leverage) profit, and it's safer and more logical to close all positions now. Do not FOMO.
If you're a risk taker, you can wait for the solid resistance and close your positions, but don't forget to use local resistance as your SL.
As you can see on the chart, this coin has reached 2 levels of resistance on the hourly and daily timeframes based on the Fibonacci retracement.
There are three support levels on the way down, which will let us open more long positions when we get more confirmation. But for now, we should wait and see.
RSI is overbought, and the price has more room to go down.
Now let's see your ideas. Let's have a discussion.
Let me know if you guys have any questions;
I will be more than happy to help.
Good luck, and thank you.
🌞 SUN pumped 55%. Is this a breakout?Hello, dear TradingView members.
This is a SUN idea.
SUN suddenly had a 55% pump in the market and became today's top gainer.
There is not enough volume in the market to support this pump, and also, there is a solid resistance level on the way up, pushing down on price.
The price still hasn't successfully passed the local resistance level, so do not FOMO and wait for better confirmation.
There are two scenarios in the current situation:
Scenario One:
The price will pass the local resistance and move to the solid resistance area and gets rejected and falls back on the local resistance and turns it into support.
Scenario Two:
Local resistance will reject the price and fall back to the half-shadow support levels.
RSI is in the overbought area, and the price has more room to go down.
Now let's see your ideas. Let's have a discussion.
Let me know if you guys have any questions;
I will be more than happy to help.
Good luck, and thank you.
SUN USDT time for bouncei will set a buy order at 0.00561,if this is filled,i will look for an exit at 0.00594
which is 6% and at 0.00612 which is 9.2% profit.
in case it goes wrong,i will cut my losses if 4h candle closes below 0.00551 at 1.9% loss
spot only,sun is unavailble at binance futures.
i will cancel this if the order is not fill in the next 24h and i will update here
Follow for more signals!
SUN TOKEN BOTTOMED YET?? TIME TOO BUY SUN? SUN COIN is still trading at a good price but Can you still buy some SUN TOKEN and make over 200% return?
sun coin has been in a sideways consolidation since the redenomination of SUN. should you be buying more sun at the current price?
SUN coin Bulls are waking up gradually and we could see them soon hitting 0.02 to 0.0288 price range, here sellers are likely to attack nut I also see the bulls returning after sump pullback. when the Bulls so return i do expect them to break the 0.0288 to hit the 0.04 to 0.05 range.
0.04 to 0.05 range is seller dominated and bulls could get a strong hit. they need at-least multiple attempts to beak-out of my box.
SUN on a Rising Channel to Submit a New ATHSUN digital currency analysis in terms of USDT pair, in a 4-H Time frame shows us a medium-term uptrend channel in which the price fluctuates properly on the floor and ceiling of this channel.
With the recent price changes of Bitcoin, the bottom of the channel has been touched once again, which creates a good opportunity to enter into a buy transaction.
Within the specified range for purchase, by observing the capital management (maximum 5% of the total capital) and to about the profit in the target points, respectively, in each part, 1/3 of the total amount can be withdrawn.
Given the recent fundamental events that have taken place in this currency, it is likely that it could easily grow to the halfway point of the first step.
DYOR
SUN ForecastHi,
sun completed its triangle and moving out from it for breakout.
seems like very good move to earn aprx 100 % profit as per feb retracement.
targets have been marked accordingly.
this idea is for educational purpose only.
please feel free to write in comments to provide your valuable feedback.
good luck