$SUN (DeFi) is currently trading in an extremely tight range! The price is currently $0.02063 (around Rs.5.8) and there has been a minimal gain of +0.88% in the last 24 hours.
The sentiment seems neutral as the selling pressure is slightly high at 52.67%. Support is strong around MA(25) 0.02065 and MA(99) 0.02051. The immediate hurdle on the resistance side is a tight cluster of 0.02066-0.02072, but the real breakout will only occur if 0.02075 (24h High) is broken. You can set a short-term target of 0.02080+.
Volume is high at 66.93M SUN, but the price movement is very low, indicating a strong consolidation signal. The performance over the last 7 days is flat (+1.08%). It will be safe to keep the SL around 0.02050.
Overall, SUN is currently in a compression phase, and a directional move is expected soon.
