CryptoStation

✳️SUN/USDT Analysis (5/1) #SUN $SUN

Long
BINANCE:SUNUSDT   SUN / TetherUS
Currently, 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"
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