SUNUSDT Market Overview: 24-Hour Technical Breakdown

Generated by AI AgentTradeCipherReviewed byAInvest News Editorial Team
Wednesday, Nov 12, 2025 1:03 am ET1min read
Aime RobotAime Summary

- SUNUSDT traded in a tight 0.0224-0.02257 range with 0.0225 psychological level as key battleground.

- RSI neutrality and volume spikes at 19:00/01:30 ET confirmed Fibonacci 38.2%-61.8% retracement levels as pivotal anchors.

- Bollinger Bands and MACD suggested moderate volatility with potential bullish exhaustion, while volume-price alignment validated key turning points.

- 3-day backtesting hypothesis proposed to assess short-term viability given recurring bullish patterns and lack of overbought conditions.

Summary
• Sun/Tether traded in a narrow range, with limited upside and firm support near 0.0224.
•

Momentum
indicators suggest neutral-to-bullish short-term bias, with RSI hovering near mid-range.
• Volume was uneven but showed key spikes around 19:00 and 01:30 ET.

Sun/Tether (SUNUSDT) opened at $0.02248 on 2025-11-11 at 12:00 ET and reached a high of $0.02257 during the 24-hour period. The pair closed at $0.02247 at 12:00 ET on 2025-11-12. The total volume for the 24-hour window was 24,287,300 tokens, with a notional turnover of approximately $543,000 (based on average price of ~$0.0224). The price action formed a consolidation pattern, with buyers and sellers in a tug-of-war around the 0.0225 psychological level.

Looking at the structure, the 20-period and 50-period moving averages on the 15-minute chart remained relatively flat, indicating a lack of strong directional bias. The 50-period MA at 0.0225 served as a key horizontal support and resistance reference. Price action showed two notable bullish engulfing patterns around 19:00 and 01:30 ET, which coincided with volume spikes. A doji formed at 17:45 ET, signaling indecision.

MACD remained in the positive territory but with diminishing momentum, suggesting a potential exhaustion of the short-term bullish bias. RSI hovered near 50 throughout, with no clear overbought or oversold conditions, suggesting a neutral to slightly bullish tone. Bollinger Bands reflected a moderate volatility environment, with price frequently touching the mid-band but not breaking out to either extreme. Price remained within the 0.0224–0.02257 range for most of the 24-hour period.

Volume distribution was uneven but confirmed key turning points, with the largest volume spike at 19:00 ET (4.78M tokens) and 01:30 ET (751K tokens). Notional turnover, derived from volume and price, aligned well with price direction, offering confirmation for both the 19:00 and 01:30 ET price moves. No clear divergence between price and volume was observed, suggesting that the market remained largely in sync.

Fibonacci retracement levels applied to the 0.02248–0.02257 swing (19:00 to 01:30 ET) showed that the 38.2% (0.02252) and 61.8% (0.02255) levels acted as significant price anchors. These levels coincided with key 15-minute candle closes, suggesting they were pivotal in shaping the short-term structure.

Backtest Hypothesis
The backtesting strategy described focuses on pattern-based entries with a 3-day exit rule. Given the current market structure and the recurring bullish patterns observed today, particularly at key Fibonacci levels, a test of this approach could yield insights into short-term trading viability. The absence of clear overbought conditions and the alignment of price and volume at key turning points suggest that a 3-day holding period might allow for capturing post-breakout momentum without overexposure to mean reversion.