๐ SUN/USDT (1H) โ Technical Analysis
๐ Trend Reversal
Price broke above the descending trendline ๐ โ signaling a possible trend reversal ๐
RSI โ 63 โ bullish momentum building ๐ช, not yet overbought ๐ซ
๐ Key Levels
Support:
๐ฝ 0.0160
Resistance:
๐ผ 0.0168
๐ผ 0.0172 (extended target)
๐ Scenarios
โ
Bullish Hold
Hold above 0.0160
๐ฏ Targets: 0.0168 โ 0.0172 ๐
โ Bearish Drop
Fall below 0.0160
๐ฏ Target: 0.0155 โฌ๏ธ
๐ Summary
SUN/USDT has broken its descending trendline โก, hinting at a potential reversal.
Momentum is leaning bullish, but 0.0160 support is the key decision point โ๏ธ.
$SUN

SUNUSDT
Perp
0.018252
-1.51%