SUI: Breakout Eyes $1.16 and $1.42 Resistance
SUI at $1.01 eyes $1.16 and $1.42 resistance after brief breakout, with 4h chart showing bullish MACD and overbought RSI near Bollinger upper band.
SourceAnalysis
SUI posted a brief breakout and now targets clear resistance at $1.16 and $1.42 according to trader @CryptoMichNL.
Price action on the four-hour chart shows SUI holding above the EMA50 at $0.85 with the MACD golden cross at 0.07 reinforcing bullish structure, yet the RSI at 72.84 flashes overbought while price tests the upper Bollinger band at $1.1, suggesting a healthy pullback toward EMA50 support before any extension higher. SUI price prediction models and SUI breakout analysis both point to these zones as the next logical tests in coming weeks amid broader crypto market momentum.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast