SUI Flashes TD Sequential Buy Signal As Market Finds Support Near $1.94

The TD Sequential has issued a buy signal for SUI after correctly calling the October 7 market top.

Support near $1.94 has contained recent downside pressure, keeping price action within a consolidation range.

The MACD indicator and reduced volatility confirm mild bullish momentum, suggesting traders are cautiously re-entering the market.

After accurately marking the top on October 7, the TD Sequential indicator has once again captured market attention. This time, it has issued a buy signal for SUI, suggesting that recent downward pressure may be losing strength. As of today SUI trades near $2.16, reflecting a 7.4% daily increase, while its BTC pair rises 6.4%. The token’s recent recovery has coincided with stronger intraday momentum, with the indicator now pointing toward a possible stabilization phase.

The signal follows weeks of subdued activity, during which SUI maintained a gradual decline from early October highs. Notably, the asset’s price action now shows early signs of consolidation near the $1.94 support level, an area that has repeatedly attracted short-term buying interest. This steady support has limited deeper losses, allowing traders to reassess directional cues following an extended correction phase.

Technical Structure Suggests Waning Downside Pressure

Price data reveals that the TD Sequential has accurately captured both turning points on the daily chart. The indicator marked a sell zone on October 7, preceding the strong decline that followed. Now, its “2” count on the buy setup highlights renewed buying momentum. The setup often appears when downward sequences weaken, suggesting a potential shift toward balance or accumulation.

Moreover, resistance near $2.19 remains the immediate barrier for any further upside attempts. Sustained trading above this level could strengthen short-term sentiment, particularly as buyers attempt to reclaim lost ground. On the other hand, a drop below $1.94 could test market conviction again. This range now defines SUI’s near-term structure, where both buyers and sellers remain highly attentive.

Market Activity Reflects Cautious Optimism Among Traders

The recent rebound has unfolded alongside lower volatility and improving short-term metrics. Intraday price swings have narrowed, and trading volumes remain moderate. This pattern often appears when participants accumulate within established support zones. Importantly, the latest MACD readings show widening separation between the MACD and signal lines, a technical sign of mild bullish momentum.

Throughout the past week, small bursts of buying pressure have surfaced near intraday lows. Each recovery attempt has been met with measured reactions, keeping the market in equilibrium. The consolidation phase appears consistent with a market still gauging confidence levels after weeks of retracement.

SUI’s recent stability and the presence of the TD Sequential buy setup have drawn broader market attention. Traders continue to monitor whether this alignment can sustain upward traction or simply reinforce a short-term recovery zone.