Market Overview for Sun/Tether (SUNUSDT)

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Wednesday, Jan 7, 2026 8:01 am ET1min read
SUN
--
Aime RobotAime Summary

- SUNUSDT traded between 0.02002-0.02031, failing to break above key resistance at 0.02015 amid bearish engulfing patterns.

- Volume spiked near 0.02006 and session close but lacked sustained momentum, with RSI/ MACD signaling weakening bullish bias.

- Fibonacci levels highlight 0.02005 (38.2%) as potential support and 0.02010 (61.8%) as minor resistance for near-term direction.

- Volatility expanded early then collapsed before key levels, with price below 20-period lower Bollinger Band indicating short-term bearish bias.

- A breakdown below 0.02002 could extend the downtrend toward 0.01995, while traders monitor 0.02010 for potential short entries.

Summary
• Price drifted between 0.02002–0.02031, failing to hold key resistance above 0.02015.
• Volume surged sharply near session close, but price consolidation suggests uncertain follow-through.
• RSI and MACD signaled weakening bullish momentum, hinting at potential near-term pullback.
• Volatility expanded during early hours but collapsed ahead of key levels, pointing to indecision.
• Fibonacci levels suggest possible bounce from 0.02005 or break below 0.02002 if short bias continues.

At 12:00 ET on 2026-01-07, Sun/Tether (SUNUSDT) opened at 0.02016, reached a high of 0.02031, and a low of 0.02000 before closing at 0.02006. Total volume for the 24-hour period was 63,867,168.0 and turnover amounted to 1,317,753.84.

Structure & Formations


Price action within the 24-hour period displayed tight consolidation between 0.02002–0.02015, failing to break above key resistance. A bearish engulfing pattern emerged around 0.02010–0.02012, suggesting short-term bearish pressure. A doji formed near 0.02005, indicating indecision and possible reversal signals from that level.

Technical Indicators

The 20-period and 50-period moving averages on the 5-minute chart remained in bullish alignment early in the session but flattened as price action stalled. MACD showed diverging bearish momentum with declining histogram values despite occasional price rallies. RSI dipped into oversold territory around 0.02002–0.02004 but lacked follow-through to confirm a bounce.

Bollinger Bands and Volatility


Volatility expanded during the early hours, pushing price toward the upper and lower Bollinger Bands multiple times. A significant contraction occurred before the final 2–3 hours, suggesting a potential reversal or continuation phase. Price remains slightly below the 20-period lower band, indicating a short-term bearish bias.

Volume and Turnover Dynamics


Volume spiked significantly around 0.02006–0.02007 and again near session close, coinciding with sharp price moves but without a sustained rally. Turnover diverged from price, with large volumes failing to produce a strong directional move—signaling a potential lack of conviction.

Fibonacci Retracements


Applying Fibonacci levels to the key 0.02002–0.02031 swing, 0.02005 (38.2%) appears as a potential support, and 0.02010 (61.8%) may serve as a minor resistance. A break below 0.02002 could extend the downtrend toward 0.01995.

Sun/Tether may test key support at 0.02005 in the next 24 hours, with a potential bounce or continuation lower depending on volume confirmation. Investors should monitor for a breakdown below 0.02002 as a risk event, while short-term traders may watch for a retest of 0.02010 for potential short entries.