$SUI Sui (SUI) Market Update: TD Sequential Buy Signal Flashes — $0.90 Is the Only Level That Matters
SUI is trading near $0.92**, up over **5%** from its recent low of **$0.86, after Crypto analyst Ali Martinez flagged a TD Sequential buy signal on the three-day chart on November 4. This is the first structural buy signal since October's selloff wiped out SUI's September rally.
The Setup: SUI is pressing against its 20-day Bollinger middle band at $0.95**, with the MACD printing a **golden cross** and RSI recovering to **44.20**—improving, but not yet bullish. The immediate trigger is a **sustained reclaim of $0.90–$0.91**, which opens **$0.95 → $1.00 → $1.04 (upper Bollinger Band). Martinez's targets are $1.11 and $1.20 if the recovery holds.
The Risk: SUI remains below its 50-day ($0.91) and 200-day ($1.03) moving averages—the trend is still bearish until those flip. Binance futures show 74.36% of accounts long, a crowded positioning that raises the risk of a long squeeze if $0.90 fails.
Binance Trade Setup: A long on a confirmed 4H close above $0.92 with volume**, targeting **$0.95 → $1.00 → $1.11, stop below $0.86**. If **$0.86 breaks, stay flat—the next demand zone is $0.83–$0.85.
DYOR — the signal is real, but the crowd is already long. Let price confirm first.