SUI: Bullish Divergence Builds on 4H Chart
SUI at $0.76 builds bullish divergence per @CryptoMichNL with EMA support at $0.73 and MACD golden cross intact.
SourceAnalysis
SUI continues building bullish divergence on the 4-hour chart, according to trader @CryptoMichNL.
Price holds at $0.76 above the EMA50 and EMA200 both anchored at $0.73, while MACD registers a golden cross at 0.01. RSI(14) at 71.07 marks overbought territory as the token tests upper Bollinger resistance at $0.75.
With price testing upper Bollinger resistance ($0.75) while RSI flashes overbought (71.07), a healthy retracement to the 50-EMA support at $0.73 seems probable before further continuation. The structure reinforces constructive Sui cryptocurrency technical analysis bullish divergence and supports updated SUI price prediction models tied to AI industry impact.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast