SUI: Van de Poppe Eyes Reversal With BTC
SUI at $0.73 as Michaël van de Poppe calls for one final dip before uptrend aligned with Bitcoin reclaiming $78,000 amid bearish 4h EMA structure.
SourceAnalysis
SUI sits at $0.73 while Michaël van de Poppe flags one last downside probe before the chart flips higher in tandem with Bitcoin reclaiming $78,000.
Price trades below both the EMA50 at $0.76 and EMA200 at $0.74, confirming the bearish trend structure on the 4h chart, with MACD locked in a death cross at -0.01. RSI at 38.97 leaves room for further downside before oversold conditions appear. The pair remains inside the Bollinger Bands, so a test of the lower band support at $0.72 could deliver the final washout van de Poppe anticipates before any sustained recovery toward the upper band at $0.79. SUI price prediction models now hinge on whether BTC can clear $78,000 to unlock that rotation higher.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast