When to Buy $SUI ? Analyst Weighs In as Price Takes a Dip
After a strong rally in September when the SUI price pumped over 100%, it has now cooled off in the $1.6-1.8 range.
SUI is currently trading around $1.71 after taking a 2.5% dip today. However, one of the most popular crypto analysts, Michaël van de Poppe, has posted a viral tweet about when to buy SUI.
In his tweet, Van de Poppe suggests that there may be better expected value (EV) opportunities in other assets, implying that while SUI has potential, there might be higher-probability trades elsewhere in the short term.
He distinguishes between aggressive and conservative entry strategies, with the $1.50-$1.60 zone for aggressive traders willing to enter on a slight pullback, and the $1.30-$1.40 zone for more conservative traders who prefer a deeper retracement before entering.
The main target mentioned is new all-time highs, specifically $2.18. Once the price clears the local resistance, traders are anticipating a move back to these highs.
Notably, Van de Poppe mentions SUIâs potential to reach the top 10 by the end of the cycle, indicating bullish sentiment and an expectation that SUI will outperform many other assets in the current market cycle.
