SUI: Michaël van de Poppe Eyes Dip Buys at $1.05

Michaël van de Poppe flags a weak daily candle on SUI and stands ready to buy the dip if price sweeps $1.13 then tests $1.05, the key swing level, while hoping to avoid $0.88.

Over the past twelve months SUI has carved higher lows above the 200-EMA, yet the current structure leaves room for a deeper pullback before any sustained advance.

Price sits at $1.16 inside the Bollinger Bands on the 4h chart, with the EMA50 at $1.07 acting as concrete support and the EMA200 at $0.87 marking longer-term floor; the neutral RSI at 52.58 combined with the MACD death cross at 0.05 signals fading momentum, so a retracement from upper-band resistance near $1.31 toward the 50-EMA looks probable before continuation.