Market Overview for Sun/Tether (SUNUSDT) as of 2025-10-13

• Price remains in a tight range around 0.0249, with buyers testing resistance around 0.0250
• Volatility has slightly expanded with price swings exceeding 0.02495–0.02480 multiple times
• Turnover remains moderate despite a late-night rally, indicating limited conviction in either direction
• RSI and MACD show no strong divergence, suggesting a likely continuation of the current consolidation
• Volume surged during the morning US session as price briefly broke 0.0250 but failed to sustain

Sun/Tether (SUNUSDT) opened at 0.02461 on 2025-10-12 at 12:00 ET and closed at 0.02493 on 2025-10-13 at the same time. The 24-hour high reached 0.02514, and the low dropped to 0.02475. Total trading volume amounted to 93,691,329.0, and notional turnover stood at approximately 2,369,638.13.

On the 15-minute chart, price action shows a consolidation pattern between 0.02480 and 0.02510, with multiple tests of the 0.0250 line failing to break through. A notable bullish engulfing pattern appeared around 02:30 ET as price bounced off 0.02502, but it failed to confirm a strong breakout. A doji at 05:45 ET suggests indecision between buyers and sellers. A key support level appears to be forming around 0.02492–0.02490, with price repeatedly finding support in this range.

The 20-period and 50-period moving averages on the 15-minute chart are closely aligned, indicating a sideways market. The 200-period moving average remains stable around 0.02495, suggesting no strong directional bias. Bollinger Bands have recently expanded, indicating a rise in short-term volatility. Price has oscillated between the upper and lower bands multiple times, with the current position hovering near the midband.

RSI remains within the 45–55 range for most of the day, with no signs of overbought or oversold conditions. MACD has formed a narrow histogram, suggesting neutral momentum. Volume has shown a slight increase during price attempts to break out of the range but has not reached levels typically associated with a breakout confirmation. A divergence in volume has been observed at the 11:45 ET candle, where price made a new high but volume failed to confirm the move.

The Fibonacci retracement levels drawn from the recent 0.02475–0.02514 swing show 0.02498 as a key 38.2% retracement level and 0.02493 as the 61.8% level. Price has found support near the 61.8% level multiple times, suggesting it could be a critical area in the coming 24 hours. If price breaks above 0.02505, the next potential target could be the upper band of the Bollinger Bands, currently around 0.02514. A breakdown below 0.02490 would raise concerns about a further retest of the 0.02480 support level.

Backtest Hypothesis
The backtest of the Morning Star candlestick pattern appears infeasible at this time due to a missing asset base information for SUNUSDT in the technical-indicator system. This prevents the automated detection of potential Morning Star setups, which are typically followed by a bullish continuation. Without the ability to identify these patterns automatically, we cannot proceed with the 5-day holding period backtest.

One possible workaround is to manually input known historical Morning Star dates if available. Alternatively, running the same study on a supported and liquid pair, such as BTCUSDT or ETHUSDT, could still yield useful insights while avoiding this data availability issue. If the technical indicator system resolves the metadata issue for SUNUSDT, we can resume the study at a later date.