SUI: Reclaims $0.7330 Support for Highs
SUI at $0.71 targets $0.7330 reclaim then highs as BTC eyes $78,000, with 4h chart showing EMA50 resistance at $0.75 and neutral RSI.
SourceAnalysis
SUI tagged the lower band at $0.71 where @CryptoMichNL sees the game plan as reclaiming the prior $0.7330 support before pushing back to highs, moving in tandem with Bitcoin reclaiming $78,000.
Price sits inside the Bollinger band with lower support at $0.71 and upper resistance at $0.78; the EMA50 at $0.75 and EMA200 at $0.74 form immediate overhead resistance while RSI at 35.59 leaves room for a bounce and the MACD death cross at -0.01 keeps downside pressure intact until BTC confirms the turn.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast