Latest Update
2026-10-15 10:19 UTC

SUI: Bounce Develops in Preferred Correction Zone

SUI: Bounce Develops in Preferred Correction Zone

Michaël van de Poppe notes SUI is bouncing exactly where normal corrections should occur, with price at $1.03 inside the Bollinger Bands and the 200-EMA at $1.01 acting as support.

Source

Analysis

SUI is printing the bounce @CryptoMichNL flagged as the ideal zone for a standard correction, with the token holding at $1.03. Price sits inside the Bollinger Bands with the lower band at $0.98 and upper resistance at $1.09, while the 200-EMA at $1.01 continues to function as concrete support even as the EMA50 at $1.07 caps upside. The MACD death cross keeps the broader 4h structure bearish, yet the neutral RSI at 45.72 shows no oversold exhaustion, allowing the market to stabilize without panic. Institutional desks watching this setup see the 200-EMA confluence with the lower band as the line that must hold before any retest of the 50-EMA resistance.


Michaël van de Poppe

@CryptoMichNL

Macro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast