SUI Price Bounces 6% as TD Sequential Signal Strengthens Breakout Potential

The SUI price has recently rebounded by 6% after falling from around $0.87 to approximately $0.71, according to TradingView data.

This move has coincided with a TD Sequential buy signal on the daily Sui chart, which suggests that the recent correction may be nearing its end.

The TD Sequential indicator produced a '9' count following a prolonged series of declining candles, and is commonly used to identify potential exhaustion in an existing trend.

A sustained move above the approximately $0.74 descending trendline would provide the first technical confirmation, followed by clearing the $0.79-$0.80 resistance zone, which would strengthen the case for a test of $0.85.