Michaël van de Poppe: Raises SUI Stake to $27,600
Crypto trader Michaël van de Poppe increased his personal SUI allocation to $27,600, now 18% of his altcoin portfolio and the largest position, citing undervaluation and upcoming ecosystem updates.
SourceAnalysis
Michaël van de Poppe added fresh capital to $SUI, lifting his personal allocation to $27,600 or 18% of his public altcoin book and making the token his top holding.
The move follows interviews with Sui founders at Basecamp and reflects conviction that unlocks and the prior outage are already priced in while the protocol remains mispriced for the next cycle.
On the 4h chart, $SUI trades at $0.94 inside the Bollinger band with the upper resistance at $0.96 and lower support at $0.90; the EMA50 at $0.95 caps immediate upside while the EMA200 at $0.98 marks longer-term resistance, yet the MACD golden cross and neutral RSI at 50.85 keep the structure open to a test of the upper band before any deeper retracement to the 50-EMA.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast