Good heavens! It appears SUI, that rather spirited digital asset, is exhibiting a TD buy signal – a phenomenon rarer than a sensible remark at a debutante ball. Considering its previous escapades involved gains of 388% and a positively dizzying 617%, one can’t help but feel a flutter of anticipation. The price, you see, has rather rudely broken a downward trendline, and is now pointed, with what can only be described as indecent haste, towards the giddy heights of 2.80.
Apparently, two previous examples of this peculiar TD signal were followed by results that would make a gambler swoon. Ali Charts on that infernal X platform informs us that the past signals delivered returns of 388% and 617%. Rather encouraging, what?
The last two times the TD flashed a buy signal for on the bi-weekly chart, price rallied 388% and 617%.
A new buy signal has now appeared.
– Ali Charts (@alicharts)
Source: Ali Charts on X, (one hopes they have a reliable tea lady).
Recently, this fresh buy signal made an appearance. Naturally, the chaps who spend their days gazing into charts – traders, you know – are keeping a very sharp eye on things. History, or at least the recent past, suggests a considerable upside could be in the offing. 🧐
Breakout Confirms Bullish Momentum Shift
Price action, like a particularly enthusiastic puppy, has bounded out of a declining daily trendline. According to Mind and Trading on X, this little burst of energy came after a tedious period of consolidation, suggesting this isn’t some fleeting fancy, but a move with real staying power.
has broken out above a key descending daily trendline after a period of consolidation, with price action appearing strong and convincing. A confirmed hold above $1.50 would signal solid bullish momentum, targeting $2.80 as the next major objective. Place a protective…
– Mind Trader (@mindandtrading)
Source: Mind and Trading
Trading above $1.50, so the experts tell us, confirms a robust bullish movement (one hopes it’s not merely a temporary spasm). The next target, if the stars align, is 2.80. They recommend having stops of less than 1.30, just in case the whole thing turns out to be a bit of a lark. 😅
You might also like: SUI Flashes Fresh Buy Signal as xBTC Launch Turns Bitcoin Into Active DeFi Capital
Technical Setup Aligns With Explosive Potential
The combination of signals, it seems, is rather potent. The TD Sequential buy signal has a reputation, and the broken trendline appears to rubberstamp the bullish notion.
Traders are apparently preparing to pocket some profits. Continued trade above 1.50 reinforces the bullish idea. A break below that level, however, and one might want to reach for the smelling salts. 😌
The market structure, they say, leans in favor of the buyers. The collection of indicators suggests accumulation is complete, and the primary focus of everyone involved is, naturally, that 2.80 target.
Read More
- OP PREDICTION. OP cryptocurrency
- GBP USD PREDICTION
- ALGO PREDICTION. ALGO cryptocurrency
- INJ PREDICTION. INJ cryptocurrency
- USD IDR PREDICTION
- USD TRY PREDICTION
- BTC PREDICTION. BTC cryptocurrency
- XRP Alert: Brad’s Swiss Secrets Could Blow Your Crypto Mind!
- USD ILS PREDICTION
- GBP CNY PREDICTION
2026-01-04 07:23