The bottom formation of SUN is beginning to take shape. Take a look at the trading volume—it's clearly increasing, and the 5-day moving average has just crossed above the 10-day moving average, indicating that short-term buying power is quietly accumulating.
The price has built a classic double bottom structure around 0.018485. This pattern is a standard bullish reversal signal from a technical perspective. As the price gradually stabilizes, the market is starting to reprice, and the expectation of a rebound from oversold conditions is brewing.
As a popular concept coin, once the trend stabilizes, short-term funds will flock in, creating a self-reinforcing upward cycle. Entering at the current price of 0.020561 is a pretty good timing. The technical, pattern, and sentiment aspects have all completed their reversals, making it a window for deploying long positions.
**Trading reference**: Consider opening a position at the current price of 0.020561. The first target is 0.024, and the second target is 0.028. Set the stop loss at 0.018; if the price effectively breaks below the double bottom's neckline, exit the position. The first resistance above is 0.024664; breaking through this level will open up a larger upward space.
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The bottom formation of SUN is beginning to take shape. Take a look at the trading volume—it's clearly increasing, and the 5-day moving average has just crossed above the 10-day moving average, indicating that short-term buying power is quietly accumulating.
The price has built a classic double bottom structure around 0.018485. This pattern is a standard bullish reversal signal from a technical perspective. As the price gradually stabilizes, the market is starting to reprice, and the expectation of a rebound from oversold conditions is brewing.
As a popular concept coin, once the trend stabilizes, short-term funds will flock in, creating a self-reinforcing upward cycle. Entering at the current price of 0.020561 is a pretty good timing. The technical, pattern, and sentiment aspects have all completed their reversals, making it a window for deploying long positions.
**Trading reference**: Consider opening a position at the current price of 0.020561. The first target is 0.024, and the second target is 0.028. Set the stop loss at 0.018; if the price effectively breaks below the double bottom's neckline, exit the position. The first resistance above is 0.024664; breaking through this level will open up a larger upward space.