Sui Token Sees Potential Trend Change as TD Sequential Signals Buy Signal
The Sui token (SUI) has been trading near $0.72, according to technical indicators that suggest a potential trend change. Analyst Ali Martinez identified a TD Sequential buy signal on SUI's 12-hour chart, which previously marked a 17% rally and momentum shift for the token.
The TD Sequential indicator has a record of pointing out major trend shifts in SUI's recent chart history. The latest signal appears close to the $0.71-$0.73 price range as SUI tests the lower boundary of a critical support zone.
According to Martinez, if SUI closes decisively below $0.71, it could open the way for further declines at $0.62-$0.63. On the other hand, a rebound could see SUI target $0.85 and potentially revisit the $1 mark.