I have analyzed $SUN for a short trade.

$SUN is facing rejection after a strong intraday rally. Price pushed into the upper resistance zone and is now showing signs of exhaustion with small bearish candles, indicating profit-taking at higher levels.

On the 1H timeframe, momentum is weakening near resistance. As long as price remains below the recent high zone, a short-term corrective pullback is likely.

The current structure favors a short-term retracement rather than continuation.

Short Bias: Below 0.0215

Entry Zone: 0.0212 – 0.0215

Targets:

TP1: 0.0209

TP2: 0.0205

TP3: 0.0200

Invalidation: Strong breakout and hold above 0.0218

SUNUSDT

Perp

0.016498

-3.07%