According to Technical Analyse;
SUN Coin Analysis: A Shining Star in the Crypto Sky?
Current Price: $0.01988
Market Capitalization: $143 Million
Trading Volume (24H): $13 Million
Overview:
SUN coin, a decentralized cryptocurrency, has been gaining traction in the crypto market. As we delve into its technical analysis, let's explore the potential next move for SUN coin over the next month.
Technical Analysis:
Trend: Uptrend
RSI (14): 64.21 (Neutral)
MACD (12, 26): Bullish Crossover
50-day MA: $0.0163 (Support)
200-day MA: $0.0098 (Long-term Foundation)
Indicator Signals:
- Moving Averages: Bullish Alignment
- Bollinger Bands: Expanding (Increased Volatility)
- Stochastic Oscillator: 73.15 (OverSold)
Candlestick Patterns:
- Bullish Engulfing Pattern (Formed)
- Hammer Pattern (Confirmed)
Whale Activity:
- Moderate Buying (Last 24 Hours)
- Minimal Selling
Next Month Prediction:
Based on our analysis, SUN coin is poised for a potential breakout. Here are three possible scenarios:
Scenario 1: Bullish Breakout
- Target: $0.028-$0.032
- Probability: 60%
Scenario 2: Consolidation
- Range: $0.018-$0.022
- Probability: 30%
Scenario 3: Correction
- Target: $0.014-$0.016
- Probability: 10%
Key Levels:
- Buy Zone: $0.018-$0.020
- Sell Zone: $0.035-$0.029
Recommendations:
- Long-term holders: Hold tight.
- Short-term traders: Ride the uptrend.
- New entrants: Wait for confirmation.
- Buy now in Spot....๐$SUN and hold....๐๐๐
