SUI: Van de Poppe Sees $0.95 Dip Before Q4 Gains

Michaël van de Poppe stated that nearly all altcoins are retracing toward support after their first upward impulse, with the pullback unlikely to persist. He singled out $SUI for a possible further slide to the $0.95 zone before stabilization and renewed upside in Q4.

SUI trades at $1.0 inside its Bollinger Bands, with the lower band at $0.97 offering immediate support and the upper band at $1.12 marking short-term resistance. The EMA50 at $1.08 continues to cap price as resistance while the EMA200 at $1.01 sits just above current levels, reinforcing the bearish structure confirmed by the MACD death cross at -0.03. Neutral RSI at 37.39 leaves room for the additional $0.05 decline van de Poppe anticipates before buyers reassert control.