Sui Price Receives Fresh Buy Signal Amid Network Growth and Unlocks
The Sui price has received a fresh TD Sequential buy signal after its previous setup preceded a 17% rally and momentum shift on the 12-hour chart. The indicator is relatively accurate at identifying major trend shifts in SUI's recent history, according to analyst Ali Martinez.
The Sui price now tests the lower boundary of a key trading area, with support between $0.71 and $0.73. A daily close below $0.71 could open a path toward $0.62-$0.63.
Michaël van de Poppe suggests that the support could retest to hold, and if it does, a recovery toward $0.85 could place levels above $1 back into focus.