SUI Price Prediction: Can the Bullish Divergence Turn September Into a Reversal?

• SUI trades at $0.7621, down 2.29%, sitting well below all its EMAs in an ongoing downtrend
• SUI/BTC chart shows a bullish divergence across multiple timeframes, per analyst CryptoMichNL
• SUI ETFs have posted 12 consecutive weeks of net inflows, adding 9.3M+ tokens since June

SUI keeps falling on the daily chart even as a longer-term signal against Bitcoin looks increasingly bullish. That gap between short-term price action and longer-term momentum is the story right now.

SUI Price Analysis: Downtrend Intact, But a Divergence Is Building Underneath

SUI Price Analysis (Source: TradingView)

SUI trades at $0.7621, well below all its EMAs: the 20-day at $0.7459, 50-day at $0.7368, 100-day at $0.7839, and 200-day at $0.9865. The descending Supertrend channel from May’s highs remains fully intact, and price has spent the past month chopping around $0.70 to $0.80 w…

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