SUI's TD Sequential Buy Signal Sparks Reversal Hopes
SUI's recent price action has caught the attention of crypto analysts due to its potential reversal setup.
A TD Sequential buy signal was printed on the 12-hour chart around $0.71, indicating a possible shift in market sentiment.
This signal is particularly noteworthy as it follows a significant price retracement towards a key demand region.
The previous TD Sequential signal preceded a 17% SUI price advance, adding to its relevance and strengthening the case for a potential reversal.
However, the bulls still need to demonstrate price strength above nearby resistance before a sustained recovery can be confirmed.