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SUN TOKEN / Wrapped TRX

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SUNWTRX_THU6CO.USD trade ideas

How can the Sun "burn" #sunusdLet's talk about some myths!! Clouds ensure my safety. Apply sunscreen once and I’m good. All sunscreens are created equal. Skin protection is a “tomorrow problem.” How did Daedalus and Icarus survive when they flew too close to the sun? Let's see the problem now!! At the end of August to early September we will see if the market will let us buy! The big picture doesn't look good Some do very much manipulate HERE Price can even lose 50% more... If we lose 0.011 we go downhill.... Something is wrong with the chart .. If the price does not make it by the end of the summer delete it. DANGEROUS!!!1
BITFINEX:SUNUSD
by GP101
SUN token - a Daily look at the new alt season.Someone asked me to do a work up on this SUN Token. I had some time and curiosity about it. I will not have any money on the token. This chart can provide insight for future references about volatility. I have written notes right on the chart. IF...if I had money on this, I would definitely had taken some money off the table already, because it is an alt token. In fact when I take money off the table, I take 150%. Initial money returned & profit for paying taxes, then ride out the remaining "free" leftovers. If...if that was the case I would ride this thing to 4 cents and get out with a bag full. If...if I did not take money out yet, I would take my 150% at the 2.5 cent range and then ride out the rest to 3.3 cents and 4 cents selling half of the remaining at each profit target. Good Luck ~
BITFINEX:SUNUSDLong
by Quartz-
1
A quick look at SUNUSDPer the request from our audience, we would like to take a look at SUNUSD. Based on the information available on Binance’s website, this cryptocurrency was created in connection with the Sun platform and is intended to promote the development of decentralized finance on the TRON blockchain network. In 2021, the Sun token was swapped with a new version of the token at a ratio of 1:1,000. Since then, the Sun’s value has fallen by more than 51%. Furthermore, unlike Bitcoin and other cryptocurrencies, the SUNUSD marked a new low in early December 2023 (after rising almost 100% between late 4Q22 and 1Q23). Overall, the SUNUSD’s volatility might make for exciting swing trade opportunities. However, a long-term investment in this coin seems high risk. Illustration 1.01 Illustration 1.01 displays the weekly chart of the Sun token. The blue indicator below the main graph shows the weekly percentage change, providing a good picture of how volatile this cryptocurrency is; for example, on 1st December 2023, the SUNUSD plunged by more than 28% and rose by 41% the following day. Illustration 1.02 The image above shows the MACD breaking into bullish territory on the daily chart, slightly bolstering a bullish case in the short term. Technical analysis gauge Daily time frame = Bullish Weekly time frame = Neutral *The gauge does not necessarily indicate where the market will head. Instead, it reflects the constellation of multiple indicators. Please feel free to express your ideas and thoughts in the comment section. DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not serve as a basis for taking any trade action by an individual investor or any other entity. Your own due diligence is highly advised before entering a trade.
BITFINEX:SUNUSD
by Tradersweekly