🚨 $SUI Looking Bullish on 4H Chart! 🚀
SUI has recently formed a strong local bottom at $0.8919 and is now showing a clear trend reversal.
Why I am Bullish:
Middle Band Breakout: Price has crossed above the 20 MA (Middle Bollinger Band), turning the short-term resistance into immediate support.
MACD Bullish Crossover: The MACD lines have crossed upward on the 4H time frame, and green momentum bars are starting to expand, showing that buying pressure is increasing.
The overall chart structure indicates that buyers are taking charge, and the price is well-positioned to target the upper resistance levels next.