SUI: Bullish Divergence Eyes $1 Target
SUI at $0.73 flashes massive bullish divergence as CryptoMichNL eyes quick move to $1, with 4h chart showing EMA support and MACD golden cross.
SourceAnalysis
SUI displays a massive bullish divergence that @CryptoMichNL believes will drive price to $1 rapidly.
The 4h chart paints a clear confluence picture: price holds above both EMA50 at $0.68 and EMA200 at $0.70 while MACD registers a golden cross at 0.01, confirming trend strength. With RSI at 70.17 already overbought and price pressing the upper Bollinger Band at $0.74, a healthy retracement toward the 50-EMA support at $0.68 appears probable before continuation. SUI price prediction models now factor this exact setup as the catalyst for the next leg higher.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast