SUI: Michaël van de Poppe Calls Bull Cycle Start
Michaël van de Poppe states on X that altcoins including SUI show the start of a bull cycle rather than a bear market, with the MACD curling upward after a standard correction at the current price of $1.05.
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Michaël van de Poppe posted on X that higher-timeframe checks on altcoins signal the beginning of a bull cycle instead of a bear market, with $SUI matching the pattern after a routine correction.
The MACD on SUI has curled upward following that pullback, positioning the token for stronger upside continuation from here.
At the $1.05 handle, price sits between the EMA50 at $1.07 and EMA200 at $1.01 on the 4h chart while the MACD registers a bullish golden cross at -0.01 and RSI holds neutral near 49.7; the token trades inside the Bollinger bands with upper resistance at $1.08 and lower support at $0.99, suggesting any test of the upper band could trigger a measured retracement toward the 50-EMA before the next leg higher.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast