SUI Bulls Erupt as Analyst Claims New Bull Market Has Begun
Popular analyst Ali Martinez claims that SUI has flashed one of its most important macro bullish signals, indicating the start of a new bull market.
This comes after SUI crossed the $1 psychological level and surged to a four-month high of $1.05, before being pushed down to $0.95 by bears.
The Parabolic SAR dots have flipped below price on the weekly chart, indicating a shift from a downtrend into a new uptrend, which Martinez believes is a key indicator of bullish momentum.