Sun Token (SUN) is currently priced at $0.02220859, reflecting a minor decline of 0.33% over the past 24 hours. The token has shown a tight daily trading range, with a high of $0.02238486 and a low of $0.02215336, indicating limited volatility in the short term.

The trading volume stands at approximately 24.59 million, which translates to a volume-to-market cap ratio of 5.77%, suggesting a moderate level of trading activity relative to its market capitalization. Technical indicators indicate a bearish sentiment, with the 1-hour RSI at 38, suggesting that SUN is nearing oversold conditions but lacks momentum for a rebound.

Moving averages further confirm the downtrend, with all short-term averages (8, 13, 21, and 55 SMA) showing negative percentages and the 144 SMA indicating a more pronounced decline of 0.74%. The 7-day RSI at 49 signals indecision in the market, while the 30-day price change of -7.72% highlights a longer-term bearish trend.

From a fundamental perspective, SUN has lost over 7% in value over the past month, and its all-time high of $66.45 from September 2020 feels increasingly distant. The current price reflects a significant retracement from historical highs, which may attract some investors looking for value but also raises concerns about long-term viability.

Given the bearish indicators in both technical and fundamental analysis, the outlook for Sun Token does not support a bullish stance at this time. Thus, the recommendation is to hold positions, as there may be potential for recovery if market conditions improve, but aggressive buying is not advisable until clearer signs of a reversal appear.