SUN/BTC (Testing Reverse Fib 2.0 Support)💎Technical Analysis Summary💎
BINANCE: SUNBTC
-SUN is heavily on a downtrend since breaking its recent structure
-It is now trading just above reverse Fib extension support
-There is no sign of strength yet for SUN
-Just a little reaction bounce a few hours ago
-This is a high-risk trade if you will try to enter now
-Please wait for any signals or reversal patterns
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SUNUSDT
SUNUSDT AnalysisThis is a new coin on the USDT chart, so not much analysis for now. I will come back to reevaluate in a few weeks or even a month.
However, if we use support and resistance strategy, we can buy SUNUSDT at the 14.466 support level and then sell for a profit at the 19.335 resistance level.
That's all for now.