SUI: Weekly Divergences Target $1.40-1.50 Zone
SUI at $0.68 shows bearish 4h structure yet Michaël van de Poppe flags massive weekly bullish divergences for potential reversal to $1.40-1.50 if markets turn green.
SourceAnalysis
SUI sits at $0.68 while Michaël van de Poppe highlights massive weekly bullish divergences that could drive the token toward the $1.40-1.50 zone provided the next one-to-two weeks deliver green closes across major pairs.
Price action on the 4h chart reveals a bearish trend with price trading inside the Bollinger Bands and testing upper resistance at $0.71; the neutral RSI at 44.53 combined with the MACD death cross and price sitting below both the EMA50 at $0.70 and EMA200 at $0.81 points to near-term resistance that must be cleared before any sustained advance materializes.
SUI price prediction models now hinge on Bitcoin stability and broader risk appetite, with traders watching for a decisive break above the $0.71 band to confirm the weekly reversal setup.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast