Sui (SUI) TD Sequential Flashes Buy Signal Amid 80% Yearly Crash
Sui (SUI) has flashed a buy signal on its 12-hour chart according to renowned analyst Ali Martinez, who notes that this indicator has been remarkably accurate at identifying major trend shifts.
The TD Sequential has signaled a buy after SUI's recent 10% weekly drop and current price of around $0.71, which represents an 80% crash on a yearly basis.
Martinez previously identified the potential for a resurgence in SUI, citing its trading channel with a lower boundary set at $0.71, targeting the top of this structure at around $0.84.
Other market observers also project SUI to fly high in the near future, including Michael van de Poppe, who believes that a pump to $0.85 could trigger a more substantial surge beyond $1.