Sun Token (SUN) is currently trading at $0.02021536, reflecting a 24-hour decline of 1.3271%. The price has oscillated between a 24-hour high of $0.02050769 and a low of $0.02020551, indicating a tight daily range of just 0.00030218, which suggests low volatility in the current market environment.

The trading volume over the last 24 hours stands at approximately 21,743,949, which corresponds to a market cap volume ratio of 5.61%. This relatively low volume indicates a lack of strong market interest, further corroborated by the downward trend observed in recent price changes over the past 7, 14, and 30 days, with losses of -5.45%, -3.58%, and -9.28% respectively.

Analyzing moving averages, the 8 SMA shows a slight decrease of 0.34%, while the 144 SMA indicates a more significant drop of 2.54%. This pattern suggests a bearish sentiment as shorter-term averages are consistently below the longer-term averages, indicating ongoing downward pressure on price.

The RSI metrics reveal additional bearish conditions, with the 1-hour RSI at 31 indicating oversold conditions in the very short term. The 7-day RSI of 38 reinforces this sentiment, showing that SUN is approaching oversold territory, yet still lacks sufficient buying momentum to trigger a reversal.

Given the significant distance from its all-time high of $66.45, reached in September 2020, and the continuous negative price movements, the outlook for SUN appears bearish. Therefore, with the current technical indicators and volume trends, the recommendation is to hold SUN, monitoring for signs of stabilization or a potential reversal in the next few trading sessions.