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Recently, SUN coin has exhibited some interesting technical features on the 4-hour chart, and I would like to share the observed details with everyone.
From the fundamental data, the current price is at 0.021274693. This level is actually near the top of the recent range—specifically in the top 25% zone. Interestingly, this price has been tested three times by the market, indicating that there is indeed some resistance here.
The technical indicators' signals are quite clear. The RSI has entered the overbought zone (above 65), with the upper Bollinger Band at 0.021483857, and the price is now close to this line. This combination in a ranging market usually suggests limited rebound potential. The ADX strength reading is 30.8, indicating that the trend is still forming, but the direction has already started to tilt.
From a key level perspective, the Fibonacci 0.618 level at 0.021161502 is also worth noting. If the price pulls back from the current level, this should serve as a support point. The lower Bollinger Band is at 0.020639997.
Market sentiment shows a long-short ratio of 1.11:1, which is not particularly extreme, but the trend is indeed downward. The order book buy-sell ratio is 0.62:1, indicating that selling pressure is gradually increasing. In terms of volume, the main volume ratio is only 0.2x, meaning the overall market is in a subdued, shrinking volume state, with relatively stable prices.
If you want to participate in this opportunity, from a technical perspective, the current position might be a good short entry point. Setting a stop-loss at 0.021593813 would be reasonable, with a corresponding risk of about 1.5%. Position size is recommended to be controlled at 1.3%, balancing opportunity participation with manageable risk.
The targets can be viewed as follows: the first target is 0.020796012, with a risk-reward ratio of 1.5:1; the second target is 0.020476892, with a risk-reward ratio of 2.5:1; if the trend continues to deepen, the third target would be 0.019998211, with a risk-reward ratio of 4.0:1. The signal's validity period is 480 minutes, starting from 2026-01-15 05:48:01.
It should be particularly noted that the signals appearing here are only observed in a ranging market environment. If we zoom out to the daily chart or even larger timeframes, the slow trend data currently does not support a particularly strong directional judgment. This is also why such signals are approached with more caution in ranging markets.
Cryptocurrency trading itself is highly volatile, so strict position control and stop-loss settings are essential, with no room for compromise. These analyses are only for technical reference; specific trading decisions should be based on your own risk tolerance. Wishing everyone successful trading!