SUI: Van de Poppe Eyes $1 Run on BTC Bounce
SUI at $0.68 eyes $1 target as Michaël van de Poppe flags bullish divergence and Bitcoin recovery potential amid neutral RSI and MACD golden cross.
SourceAnalysis
Michaël van de Poppe highlighted $SUI as a prime example of building bullish divergences, with the token holding near $0.68 and poised to challenge $0.82 en route to $1 once Bitcoin confirms an upward reversal. The SUI price prediction hinges on broader market recovery rather than isolated strength, as the analyst stressed that confirmation remains pending until price action crawls higher. On the 4h chart, SUI trades inside Bollinger Bands with upper resistance at $0.71 and lower support at $0.66, while the EMA50 at $0.71 acts as immediate resistance and the EMA200 at $0.83 caps longer-term upside; the neutral RSI at 43.18 combined with the MACD golden cross at -0.01 suggests momentum is shifting but requires BTC strength to validate any fast bounce toward the $1 zone.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast