The post SUN Technical Analysis Mar 23 appeared on BitcoinEthereumNews.com. SUN is consolidating within a strong uptrend structure at the 0.02$ level; while liquidityThe post SUN Technical Analysis Mar 23 appeared on BitcoinEthereumNews.com. SUN is consolidating within a strong uptrend structure at the 0.02$ level; while liquidity

SUN Technical Analysis Mar 23

2026/03/23 20:34
4 min di lettura
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SUN is consolidating within a strong uptrend structure at the 0.02$ level; while liquidity hunting is expected at critical resistances, buyers’ strong stance at the 0.0183$ support block could sustain the rally.

Current Price Position and Critical Levels

SUN’s current price is at the 0.02$ level, trading in a bullish position above the short-term EMA20 (0.02$). Although the overall trend is confirmed as uptrend, the Supertrend indicator is giving a bearish signal and forming resistance around 0.02$. The 24-hour change shows a modest rise of +1.37%, while volume is stable at 14.59M$. In Multi-timeframe (MTF) analysis, 13 strong levels were identified: 3 supports/2 resistances on 1D, 3S/3R on 3D, critical areas are clarifying with 3S/4R confluence on 1W. RSI at 70.33 is in the overbought region, which increases the risk of short-term correction, but buyer volume is protecting the supports.

Support Levels: Buyer Blocks

Primary Support

0.0183$ (score: 79/100) stands out as the primary support region. This level is strengthened by order block confluence on 1D and 3D timeframes; it has been tested 4 times in the last 3 months, with high-volume V-shape recoveries observed each time. It is also confirmed as a demand zone on the 1W timeframe, a liquidity collection point. It overlaps with POC (Point of Control) in the volume profile, indicating that institutional buyers are accumulating positions here. If price retraces to here, aggressive buying opportunities may form; historical rejections show an 85% success rate.

Secondary Support and Stop Levels

0.0175$ (score: 73/100) creates confluence as secondary support with swing low on the 3D timeframe. This region is at the intersection of Fibonacci 0.618 retracement and EMA50; it has been tested with 2 strong bounces in the past, with volume spikes confirming buyer dominance. The deeper 0.0149$ (score: 63/100) is a 1W major support, but a break here would invalidate the uptrend (stop-loss suggestion: below 0.0145$). This level is supported by a 6-month low volume gap (liquidity void), carrying liquidity hunting potential for big players. Invalidation at secondary supports triggers a 0.0131$ downside target (R/R ratio 1:2.5).

Resistance Levels: Seller Blocks

Near-Term Resistances

0.0190$ (score: 78/100) is the first near-term resistance; the Supertrend bearish signal is concentrated here. It is reinforced by supply zone on 1D timeframe and 1W EMA100 confluence, rejected 3 times in the last week. Seller divergence is observed in volume, a liquidity pool for short positions. Breakout should be confirmed with volume increase; otherwise, fakeout risk is high.

Main Resistance and Targets

0.0195$ (score: 75/100) overlaps with breaker block as the main resistance block on 3D and 1W timeframes. Historical peak tests (2 times) have shown failure with high volume, positioned above fair value gap. If broken, the 0.0244$ upside target (score:31) comes into play; aligned with Fibonacci extension 1.272. This region is a liquidity source for big players’ short ladders, a sweep is expected before breakout.

Liquidity Map and Big Players

SUN’s liquidity map shows seller liquidity concentrated in the 0.0190$-0.0195$ resistance cluster, while below 0.0183$ there is buyer stop-loss hunting potential. Order blocks are clear at 0.0183$ demand on 1D and 0.0175$ supply on 3D; big players (whales) may manipulate these levels for altcoin rally during BTC sideways. Volume delta is positive but RSI divergence warns: Liquidity grab followed by 0.0244$ target is realistic, on downside 0.0149$ equal lows collect liquidity. MTF confluence strengthens the 0.02$ pivot; imbalances (FVG) in the 0.0175$-0.0183$ range should be cleared.

Bitcoin Correlation

BTC is in a sideways trend at 70,084$ level, stable with +2.60% change; main supports at 68,950$, 67,353$, 64,272$. Resistances at 70,327$, 72,144$, 73,804$. BTC Supertrend bearish and rising dominance signal caution for altcoins: SUN’s rally depends on BTC breaking above 70k. If BTC drops below 68,950$, SUN tests 0.0175$; 72k breakout opens the path to SUN 0.0244$. Correlation coefficient 0.85, BTC key levels dominate SUN liquidity map.

Trading Plan and Level-Based Strategy

Level-based outlook: Break above 0.0190$-0.0195$ resistance for long bias (target 0.0244$, stop below 0.0183$); bottom hunting on 0.0183$ bounce, invalidation at 0.0149$. Short opportunities on 0.0195$ rejection (target 0.0175$). Detailed data for SUN Spot Analysis and SUN Futures Analysis. Risk management is critical: Position size 1-2%, target R/R 1:2+. This outlook changes with market conditions, not trading advice.

This analysis uses the market views and methodology of Chief Analyst Devrim Cacal.

Strategy Analyst: David Kim

Macro market analysis and portfolio management

This analysis is not investment advice. Do your own research.

Source: https://en.coinotag.com/analysis/sun-technical-analysis-march-23-2026-support-and-resistance-levels

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