SUI: Bullish Divergences Signal BTC Chart Reversal
SUI at $0.77 shows bullish MACD golden cross and divergences as BTC consolidation may rotate liquidity to altcoins.
SourceAnalysis
SUI faces a weak BTC pairing yet Michaël van de Poppe flags massive bullish divergences across altcoin charts that previously marked Bitcoin lows.
Traders expect BTC consolidation to free liquidity for narratives beyond the dominant pair, lifting altcoins including SUI.
At $0.77 price sits exactly on the 50-EMA support while the 200-EMA holds at $0.73; the MACD registers a golden cross at -0.01 and RSI rests neutral at 49.15 inside the Bollinger band whose upper edge at $0.83 offers the next volatility target, setting up a measured advance once BTC pauses.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast