SUI: Altcoin Surge Eyes Resistance Breakout
SUI at $0.87 tests upper resistance as altcoins rally, with RSI at 79.88 and MACD golden cross signaling potential breakout.
SourceAnalysis
SUI faces imminent resistance breakout as #Altcoins continue popping, according to trader @CryptoMichNL.
Price action at $0.87 aligns with upper Bollinger Band resistance while the 4-hour structure holds a bullish trend above EMA50 at $0.75 and EMA200 at $0.74. With RSI(14) printing 79.88 in overbought territory and MACD confirming a golden cross at 0.03, a healthy retracement toward the 50-EMA support at $0.75 appears probable before continuation higher. This setup feeds directly into ongoing SUI price prediction models that track resistance levels from the past six months.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast