SUI: Support Retest Eyes Grind to $0.85
SUI at $0.72 eyes full support retest for push to $0.85 and above $1 as Michaël van de Poppe stays positive on the token.
SourceAnalysis
SUI faces a critical support retest at current levels near $0.72, with Michaël van de Poppe calling for a hold that could fuel a grind toward $0.85 and eventual prints above $1.
Price action on the 4h chart shows SUI inside the Bollinger Bands with upper resistance at $0.74 and lower support at $0.71 while the EMA50 at $0.75 acts as immediate overhead resistance and the EMA200 at $0.74 reinforces the bearish structure; RSI at 38.42 keeps momentum neutral and the MACD golden cross at -0.01 hints at building bullish pressure, setting up a probable bounce from the lower band toward the 50-EMA confluence before any sustained advance.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast