Sun Token (SUN) is currently trading at $0.01838, reflecting a slight decline of 1.02% over the last 24 hours. The price fluctuated within a daily range of $0.01791 to $0.01891, indicating relatively low volatility in the current market environment.

Trading volume stands at approximately 41.62 million, accounting for 11.79% of its market cap, which suggests a moderate level of market interest. The hourly moving averages reveal a bearish trend with the 8 SMA, 13 SMA, and 21 SMA all declining, while the 55 SMA has slightly increased, indicating potential consolidation or indecision among traders.

The 1-hour RSI is at 39, suggesting that SUN is nearing oversold conditions, while the 7-day RSI at 47 indicates that the token is neither overbought nor oversold on a broader timeframe. However, the longer-term indicators show a concerning trend, with a 14-day price change of -12.51% and a 30-day change of -8.58%, signaling a downward momentum in the near term.

Despite a minor positive change of 2.46% over the past week, the overall sentiment remains cautious due to the significant losses observed in the last two weeks. The all-time high of $66.45 from September 2020 serves as a stark reminder of the distance SUN has fallen, highlighting the challenges ahead for recovery.

Considering the technical indicators and recent price movements, the outlook for Sun Token appears to be bearish in the short term, with potential for a slight rebound given the oversold conditions on the hourly RSI. Therefore, a Hold rating is recommended, as investors may want to wait for clearer signs of recovery before committing to new positions.