SUI: Trader Targets Accumulation at Higher Timeframe Support
SUI at $0.7 draws accumulation calls from Michaël van de Poppe citing bullish divergences, with 4h chart showing MACD golden cross inside Bollinger bands.
SourceAnalysis
SUI sits at higher timeframe support with strong bullish divergences across multiple frames, prompting Michaël van de Poppe to accumulate the token he views as massively undervalued.
Price action at $0.7 tests the upper Bollinger resistance near $0.71 while the MACD registers a golden cross at -0.01, even as the broader structure remains bearish with EMA50 at $0.71 and EMA200 at $0.73. RSI at 49.74 keeps momentum neutral, suggesting any pullback could target the lower band support at $0.67 before continuation. Over the past six months SUI price prediction models have repeatedly highlighted this zone as a key inflection for macro positioning.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast