SUI: Liquidity Sweep Clears Path Toward $0.74
SUI clears $0.67 liquidity at $0.68 with bullish MACD golden cross; traders eye $0.65 long or $0.71-$0.74 breakout on 4h chart.
SourceAnalysis
SUI swept liquidity below the $0.67 low on lower timeframes, setting the stage for a potential long entry under $0.65 if broader markets weaken.
Break above $0.68 opens immediate targets at $0.71 and $0.74 according to the latest analysis from @CryptoMichNL.
Price sits exactly at the EMA50 of $0.68 while the EMA200 at $0.70 acts as overhead resistance; the MACD golden cross supports continuation higher, yet RSI at 44.08 remains neutral and price trades inside the Bollinger band between $0.67 support and $0.69 resistance, suggesting any push through upper-band resistance at $0.69 could accelerate toward the next liquidity pool before a retest of the 50-EMA.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast