$SUN

SUNUSDT

Perp

0.020328

-3.00%

USDT Short Trade Setup 🔥

Current Price: $0.01847

Entry Zone: $0.0183 – $0.0187

Resistance: $0.0190 – $0.0195

Targets:

🎯 TP1: $0.0175

🎯 TP2: $0.0170

🎯 TP3: $0.0165

Stop Loss: $0.0196 (Above key resistance)

Market Context:

SUN is struggling to maintain momentum above $0.0190, with resistance capping further upside. A rejection from this level could trigger a bearish move toward lower support areas.

📉 Risk Management: Limit risk to 2-3% per trade, ensuring a stop-loss is set above resistance for optimal risk management.

💡 Pro Tip: Observe for a bearish engulfing candle or long upper wicks near resistance, combined with declining volume. This could signal strong selling pressure and validate the short setup. 🚀

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