SUNUSDT Crypto Bullish IdeaSUNUSDT is in very good position and has very high technical chances to go up to 10 to 30% up.
SUNUSDT.P trade ideas
SUNUSDT nearing a resistance on 15-60 min interval Watch out SUNUSDT as it closes in to a major resistance area on the shorter time frames. A short trade may be beneficial as it is rejected from the red area marked and breaches the blue trendline.
Sun under the eclips?I guess not.
NYSE:SUN is currently trading at $0.03235 after a pullback from recent highs. The price is finding support near the 0.5 Fibonacci retracement level. A potential rally could target $0.04136 and $0.06034 if the bullish momentum continues. The RSI suggests the market is neither overbought nor oversold, providing room for further movement. Keep an eye on the EMAs and support levels for signs of continuation or reversal.
Too good of an risk/reward ration!
At major resistance
Topping Fibonacci candle
RSI divergence, but still in the bull control zone (unconfirmed)
Momentum indicators are turning red, showing the weakening
Strategic Buy Opportunity in SUN Cryptocurrency(#2)Description:
Unlock the potential of SUN cryptocurrency with our strategic guide tailored for TradingView users. This overview combines fundamental insights to help you make informed buy decisions in the dynamic world of digital assets.
Fundamentals Overview:
1. **Blockchain Ecosystem**: SUN operates on the TRON blockchain, which is known for its high transaction speeds and low fees. Understanding the underlying technology and the network's scalability is crucial for evaluating SUN's potential.
2. **Use Cases**: SUN is deeply integrated into the TRON DeFi ecosystem, primarily used for governance and staking in various DeFi projects. Keep an eye on the growth of TRON-based DeFi platforms, as their success directly influences SUN's demand and utility.
3. **Market Sentiment**: The overall sentiment in the crypto market can significantly impact SUN's price. Factors such as regulatory news, mainstream adoption of cryptocurrencies, and investor interest in decentralized finance (DeFi) are key drivers.
4. **Supply Dynamics**: SUN's tokenomics, including its total supply and distribution model, play a vital role in its price dynamics. Monitoring token burns, staking rewards, and new token releases can provide insights into future price movements.
Disclaimer:
Cryptocurrency trading involves substantial risk and may not be suitable for every investor. The market for digital assets is highly volatile, with prices subject to rapid fluctuations based on market sentiment, technological developments, and regulatory changes. It is essential to conduct thorough research, understand the risks involved, and carefully consider your financial situation before trading SUN or any other cryptocurrency. Always consult with a financial advisor if you are unsure about your investment decisions.
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Use this guide to enhance your strategy when trading SUN cryptocurrency, ensuring your buy decisions are supported by solid fundamentals and a deep understanding of the market landscape. Stay informed and ready to seize opportunities in the evolving crypto space.
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SUN Is Up 350% — Does It Still Make Sense To Enter?SUN is one of the tokens which profited massively from the Tron hype. It pumped ~350% in the last seven days.
In case you don't know:
SUN is the native token of the SUN ecosystem — the biggest platform for swap, yield farming, and self-governance on the TRON chain.
Additionally, they introduced Sun Pump — the first meme fair launch platform on Tron. Sun Pump was one (or THE) driver behind the latest Tron hype.
Here's the cool part: The more memes, the more protocol revenue, and the more SUN supply gets burned—a powerful flywheel.
Should You Buy SUN Now?
Buying a token that has just increased 350% always feels like buying the top. Therefore, I wouldn't invest all my money at this level.
On the other hand, it looks like we're just at the beginning of the Tron hype. Accordingly, SUN can go much higher in the mid-term.
Considering the above, the best approach is DCAing on dips. For example, if you want to invest $1,000, you buy $50 each time it dips x% (e.g., 5%). By doing so, you can reduce the risk of both buying the top and missing the train.
SUN COIN PRICE ANALYSIS AND NEXT POSSIBLE MOVES !!NYSE:SUN Coin Update !!
• Untill Price Staying below it weekly resistance 0.041$ .
( you are able to build future short trade with SL 🚨)
• Incase of breakout of its resistance ( consider next resistance 0.046$ & 0.055$ )
1.68 Reward:Risk minimum SunUSDTCurrently a volatile coin! Monitor SOR, if bounces strongly from start of range, remove.
SUNUSDT Short ideaSeeing the TRX chain is taking a break, is prolly a good ideea to short to exchange token.
Sundog can also be shorted on MEXC with 12.5x .
Sun /Usdt BINANCE:SUNUSDT
Sun Currently Price is 0.01031 and Holding There Resistance Zone If Price Hold It There Next Resistance is 0.1134 . But If Price Rejecting That Level We can See Another Support Zone 0.0900
Disclaimer : I am Not Financial Adviser
A royal gap.Hi.
It's pretty simple.
There is a huge gap from $12 to ~$0.01. Volume has been rising since mid-summer.
All it takes is a falling dominance of Bitcoin and a falling dominance of Tether.
The latter is already in the area where altcoins are happening.
It's up to BTC.D, but it still has a chance to go even higher.
Even if there's even $1 filled in that gap it's already an incredible amount.
That hasn't happened in quite some time.
Bullish Triangle Breakout Pattern in SUNUSDT NOW Description:
SUN Coin has recently displayed a bullish triangle breakout pattern, signaling a potential upward trend. This pattern typically indicates a continuation of the prior uptrend, providing a strong buying opportunity for traders.
The key features of this breakout include:
Consolidation Phase: SUN Coin experienced a period of price consolidation, forming a triangle pattern. This phase is characterized by a series of higher lows and lower highs, converging towards a point of breakout.
Volume Increase: As the price approaches the apex of the triangle, trading volume often increases, suggesting heightened trader interest and momentum.
Breakout Confirmation: The breakout above the upper trendline of the triangle is a bullish signal. For confirmation, look for a closing price above this trendline accompanied by increased volume.
Target Price: The target price for this breakout can be estimated by measuring the height of the triangle at its widest point and projecting this distance upwards from the breakout point.
Support and Resistance Levels: Post-breakout, it's crucial to monitor key support and resistance levels. The former resistance line (upper trendline of the triangle) now acts as a support level, while previous highs may serve as resistance.
Trading Strategy:
Entry Point: Enter a long position at or just above the breakout level.
Stop Loss: Set a stop loss slightly below the breakout point or below the former support line to manage risk.
Take Profit: Consider taking profit at the projected target price or in stages as the price approaches significant resistance levels.
Stay updated with the market sentiment and watch for any signs of reversal or false breakouts
SUN Price prediction 2024 - SUN IS GOING TO SHINE AND $0,07 SUN Price Prediction 2024 - Will SUN Shine Bright?
Based on our analysis, SUN could reach an exciting target of $0.07 by the end of this year.
Current Trends
At the start of the year, SUN's trend looks promising and different from previous years. This isn't just about a percentage increase but also about its overall development.
Year 2023 was a red year and 100% not sumllair as the trends of this year.
The year 2024 already made some start trends also to see on chart.
What’s Next for SUN?
We’re keeping a close eye on SUN because it has shown some very interesting movements recently. For 2024, there are several possible targets:
$0.021
$0.025
$0.035
$0.047
The most optimistic target is $0.07, which would be up to a new all-time high (ATH).
Note
Always do your own research. This is not trading advice. The market can be unpredictable.
The market can go for a time stable, it's about the year 2024 this is not short-term update.
SUN NEW INCREASE VOLUME TO HIGH LEVELSUN looks to enter an important trend increase with the possibility of a break.
Sun has new confirmation since this week and can show more.
We will follow the trend for SUNUSDT.
SUN - will 10x in 2024. Buy now or wait? ReadSUN is another gold mine that can make a lot of profit in 2024! We can see that we have had a 622-day long consolidation at the bottom of the chart. It's very important for whales to accumulate their coins so they can pump them and make a lot of money. What we want to do is spot the buying activity and buy before the pump!
I am definitely bullish on this coin, and the most important question - buy now or wait for a correction? It's not always an easy task, as sometimes the chart does not make any significant pullbacks. If you want to wait, I strongly recommend buying at 0.011320. Often, patience is the key to success. But if you really believe in this coin and do not want to miss out, you can buy the coin now and potentially buy even more on a pullback!
On the chart, you can see 3 profit targets that you can use. The third profit target will be specified later in 2024, so make sure you follow me! Let me know what you think about my analysis, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.
What Is SUN token (SUN)?
The SUN.io platform is TRON's first one-stop platform that supports stablecoin swap, token mining and self-governance. After the redenomination, the new SUN token, as a multifunctional governance token on the SUN platform (similar to the CRV token of Curve DAO and the EPS token of Ellipsis), will grant token holders various rights and benefits such as the voting and governance right in the community, value capture, staking rewards, etc..
SUNUSDTGod's money
Our trust is in God
In today's society, money is God, if you are rich, you are God of people
So step by step in the direction of analysis and successful entry and exit, God of the people, be patient and be patient
Sun currency has reached the resistance zone, it is forced to collect and distribute in order to continue moving and aiming for price increase. And the price drop becomes more likely.
So you can enter the market at specified points and make a profit.
#SUN had good accumulation & breakout, almost at the target, can risk small size as SL is super wide, no idea why it had that 90% drop candle maybe supply burned?
Wave structure of SUN coin in week time frameWeek is swing pullish => current is pullback dow
Day is swing pullish => current is pullback dow
4H is swing pullish => current is pullback dow
M15 is swing bearish
Currently, the price has reached the top of the weekly frame of the internal wave
Therefore, the price will have a downward pullback before continuing to increase
Buy when the wave structure of the 15 minute time frame turns bullish
