Michaël van de Poppe states he isn’t bullish sufficient on SUI after SUI Foundation buybacks posted their second-largest day at 9K tokens.
Worth sits at $0.69 precisely on the EMA50 whereas the EMA200 at $0.71 caps the subsequent resistance layer. The MACD has printed a golden cross at zero, confirming development energy, but RSI at 57.92 leaves room earlier than overbought territory.
With worth testing the higher Bollinger band at $0.70 and the decrease band providing help at $0.66, any SUI worth prediction should issue this tight volatility vary; a short pullback to the 50-EMA confluence would align with ongoing crypto accumulation tendencies earlier than the subsequent leg increased.
