SUI: Analyst Flags Upward Breakout
SUI at $0.73 draws bullish call from Michaël van de Poppe as price tests Bollinger resistance amid bearish EMA structure.
SourceAnalysis
Michaël van de Poppe signals an imminent upward break on SUI after the token held near $0.73.
With price testing upper Bollinger resistance at $0.77 while RSI sits neutral at 41.31 and MACD prints a death cross below zero, the 4-hour chart shows SUI caught between EMA50 resistance at $0.75 and lower band support at $0.71. A clean push above the 50-EMA would open room toward the upper band before any deeper retracement to the 200-EMA at $0.74. Sui’s positioning as the chain where AI transacts continues to draw flows, keeping SUI price prediction models focused on ecosystem volume growth over the past year.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast