SUI: Trader Eyes $0.68 Dip for $0.80 Push
SUI reaches $0.72 after strong run, with analyst targeting correction below $0.68 for buys toward $0.75 and $0.80 amid overbought 4h signals.
SourceAnalysis
SUI delivered a strong run from a solid entry all the way to $0.72, prompting @CryptoMichNL to flag any short correction below $0.68 as a preferred accumulation zone before targeting $0.75 and $0.80. With price testing upper Bollinger resistance at $0.72 while RSI(14) prints 75.93 in overbought territory and MACD registers a bullish golden cross, a measured retracement toward the EMA50 support at $0.68 offers clear confluence for institutional dip buying ahead of continuation. This price action refines SUI price prediction frameworks and altcoin technical analysis amid ongoing crypto volatility patterns.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast