✳️SUN/USDT Analysis (5/1) #SUN $SUNCurrently, there is buying pressure in 6$ zone and the selling pressure has decreased so I think SUN will bounce back to 9$ zone in the next few days.
However, 9$ zone is very strong and there is currently some bad news for TRX and Poloniex when being investigated by the US government, so it is likely that SUN will also be affected and the most important thing when trading with SUN is necessary to set a stop loss to ensure safety against a strong dump
📈BUY
-Buy: 6-6.5$. SL if B
📉SELL
-Sell: 9-9.5$ if B. SL if A
♻️BACK-UP
-Buy: 9-9.5$ if A. SL if B
-Sell: 11.5-12$. SL if A
-Sell: 6-6.5$ if B. SL if A
-Buy: 4-4.5$. SL if B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
SUNUSDT trade ideas
SUNUSDT AnalysisThis is a new coin on the USDT chart, so not much analysis for now. I will come back to reevaluate in a few weeks or even a month.
However, if we use support and resistance strategy, we can buy SUNUSDT at the 14.466 support level and then sell for a profit at the 19.335 resistance level.
That's all for now.
SUN/USDT a new bitcoin!!!What is SUN?
SUN is a social experiment, which focuses on the DeFi potential of TRON. Designed as the quintessential Bitcoin equivalent on the TRON network, SUN features zero VC investments, zero PE investments, no pre-mining or reserves for the team, and is wholly operated by the community through its open-source smart contracts. We hope to use SUN to promote the vigorous development and possibilities of TRON's DeFi self-governance community.
SUN token will then become a transit center within the TRON DeFi ecosystem, serving as a cross-chain channel between TRON and external assets.
The observation list of SUN mining pool community serves as a reference for mining pool listing. Holding openness and transparency at its core, the observation list will only include the most premium cryptocurrencies to provide a diverse array of staking assets for SUN community to choose from.
Here is the first observation list of SUN mining pool community:
$SUN possible scenario if manages to hold above 20$Short term bullish scenario of $SUN if manages to hold above 20$ area