SUN Weekly Analysis Feb 4
The post SUN Weekly Analysis Feb 4 appeared on BitcoinEthereumNews.com.
SUN closed the week with a modest 0.87% gain but the overall downtrend structure remains intact; critical support levels around $0.0184 are being tested, and breaking the $0.0194 resistance appears necessary for upward movement. SUN in the Weekly Market Summary The SUN token traded in a stable range at its current price of $0.02 ($0.02 – $0.02), completing the week with a modest 0.87% gain. Volume profile remains low at $6.51M, while the market progresses in a consolidation phase within the overall downtrend. RSI at 43.89 is in the neutral-bearish zone, with MACD showing a negative histogram that preserves bearish momentum. Price trading below short-term EMA20 ($0.02) is being crushed under resistance pressure while seeking accumulation signals in the bigger picture. Bitcoin’s downtrend and increasing dominance create a cautious environment for altcoins. This week, SUN spot analysis data confirms low volatility, while SUN futures data in futures markets shows the weight of short positions. For portfolio managers, the integrity of the trend structure is key; the downtrend remains solid as long as the $0.0184 support holds. Trend Structure and Market Phases Long-Term Trend Analysis The long-term trend structure exhibits a clear bearish character; lower highs and lower lows formation dominate on weekly and monthly charts. Price positioned below EMA20 and EMA50 confirms the bearish bias. In terms of market cycle, the distribution phase has prevailed since the peaks at the end of 2025; recent flat movement may indicate trend exhaustion but bullish signals should not be sought without a breakout. In the macro context, rising Bitcoin dominance is pressuring altcoins, and SUN’s position in the overall crypto cycle remains weak. Trend integrity holds as long as above the main $0.0170 support; a break below opens the door to new lows. In this structure, patience is key for position traders; hasty…
Filed under: News - @ February 4, 2026 4:16 am