Latest Update
2026-11-01 12:45 UTC

Sui: Michaël van de Poppe Eyes $1 Breakout

Sui: Michaël van de Poppe Eyes $1 Breakout

Crypto analyst Michaël van de Poppe argues SUI has swept its August-September lows and stands ready to reclaim $1 once it breaks the recent support-turned-resistance level.

Source

Analysis

Michaël van de Poppe flagged that SUI has completed the classic altcoin sweep of its August-September lows during the broader market correction and now sits at $0.89. With price trading inside the Bollinger Bands and testing the upper band near $0.92 while the 50-EMA at $0.92 and 200-EMA at $0.97 cap upside, the setup shows a bearish structure that could flip quickly on a decisive close above that zone. The MACD golden cross at -0.01 already hints at building momentum even as RSI at 42.89 remains neutral, suggesting any sustained push through resistance would likely accelerate toward the $1 target before volatility exhausts at the lower band support of $0.87.

Michaël van de Poppe

@CryptoMichNL

Macro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast