SUI: Trader Eyes $0.745 Target on Accumulation
SUI at $0.68 draws accumulation calls from CryptoMichNL targeting $0.745 or bids below $0.65 if Bitcoin drops, with 4h chart showing EMA50 support.
SourceAnalysis
SUI draws fresh accumulation interest as trader @CryptoMichNL outlines two paths: a higher low at $0.6725 that fuels a quick push toward the $0.745 resistance zone, or deeper bids below $0.65 if Bitcoin weakens further for a longer swing.
Price sits exactly on the EMA50 at $0.68 while the EMA200 at $0.7 continues to cap the structure in a bearish trend; the MACD golden cross at -0.0 adds bullish momentum even as RSI at 47.96 stays neutral, and the Bollinger bands keep volatility contained between $0.67 support and $0.69 resistance, pointing to a probable test of upper-band resistance before any sustained move higher in this SUI price prediction setup.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast