Price: 0.0162 | EMA7: 0.02 | EMA25: 0.02 | RSI14: 19.45 | Resistance: 0.02 | Support: 0.01576 | Average Volume: 9758431.23 | Volume Trend: Decreasing
Based on the 4-hour chart of SUNUSDT, I would advise the following:
**Long/Short Entry Prices:**
* Long: Look to enter a buy position around $0.0164 (EMA7 bounce), with a target around $0.0175 (EMA25 resistance). Risk level: $0.0159 (50% Fib retracement of the recent drop).
* Short: Wait for a reversal candlestick pattern at or below $0.0159, with a target around $0.0154 (Support level). Risk level: $0.0161 (EMA7).
**Best Spot Buy Price:**
* The best spot buy price could be around $0.0164, as it is close to the EMA7 and the trend is slowly turning upward. This entry point has a decent risk reward ratio and could potentially lead to a bounce.
Keep in mind that this analysis is based on a 4-hour chart and may not be suitable for intraday trading. It's crucial to consider your own risk tolerance and adjust the entry prices accordingly. Additionally, stays alert for potential changes in the trend or any unexpected market events that could affect your trading decisions.