Crypto & Forex September 14, 2026 0 Comments

SUI Just Triggered a Bullish Breakout—Is the $0.84 Target Within Reach or Just Hype?

Well, here’s a curious twist in the tale of Sui [SUI]—its 12-hour chart has just flashed a fresh TD Sequential buy signal around $0.71, hinting at a possible price reversal after what’s been a rather bruising selling spree. Now, I don’t know about you, but whenever a technical indicator that once preceded a solid 17% rally shows up again, my antennae start twitching. This isn’t just some random blip; it’s a wink from history urging us to keep a close eye on whether the bulls might wrestle control back around these price levels. But—and this is a big but—no one’s handing out guarantees here. The bulls still have their homework cut out; they need to push past existing resistance zones to confirm any comeback. Interestingly, top traders are leaning heavily into long positions, pouring even more fuel on the potential fire of a recovery. The question that nags at me: can SUI hold its ground and complete that elusive double bottom, or is this just another false dawn? Let’s dive into the details and see what the charts and the crowd sentiment have to say. LEARN MORE

Sui’s [SUI] 12-hour chart printed a fresh TD Sequential buy signal around $0.71, creating the possibility of a price reversal following the recent selling pressure.

Notably, the signal arrived as SUI attempted to stabilize after its latest price retracement toward a significant demand region. A crypto analyst highlighted the setup after the TD Sequential identified another potential shift on the 12-hour timeframe chart.

Importantly, the indicator’s previous signal preceded a 17% SUI price advance, giving the recent reading additional relevance.

The historical reaction, therefore, strengthened the case for watching whether the bulls could regain control around the current price levels.

The signal alone, even so, did not confirm a sustained price recovery. The bulls still needed price strength above nearby resistance before the reversal case could gain stronger confirmation.

Top traders lean heavily toward longs

The top traders’ positioning on the derivatives added another bullish factor to SUI’s developing recovery outlook.

According to CoinGlass, the Binance Top Trader Long/Short Ratio showed 73.53% of long accounts as of writing, while shorts represented 26.47%.

The distribution produced a 2.78 Long/Short Ratio, suggesting a substantial imbalance towards the long positioning. Hence, the top traders maintained strong upside exposure as SUI attempted a price recovery back to the previous highs.

Furthermore, the positioning also aligned with the TD Sequential signal, creating agreement between trader sentiment and the technical reversal setup.

The heavy long positioning, however, also increased vulnerability to any renewed downside move. Any price breakdown around the current support could pressure the crowded longs and limit the developing recovery structure.

Can SUI complete its double bottom?

At the time of writing, SUI traded within its order block, where the bulls had previously triggered a strong reaction from the same region. Specifically, the order block earlier triggered a 17% rally from $0.7215 to $0.8440, confirming its importance as a demand zone.

Interestingly, the analyst also noted that the previous TD Sequential signal preceded that rally, complementing the order block’s bullish reaction. SUI’s price later retraced toward the underlying fair value gap (FVG) around the $0.69 area after six consecutive red daily candles.

However, the most recent session printed a green reversal candle as SUI rebounded towards the $0.7241 price level. Notably, the recovery maintained a potential double-bottom structure around the recent price lows.

Additionally, the RSI indicator also reflected a bullish convergence during the rebound, strengthening the recovery narrative. A strong hold of the order block could likely support a move toward the $0.7771 area, followed by $0.8440 if the bulls strengthen.

SUI price action — SUI/USDT Chart on TradingView

Overhead liquidity favors an upside sweep

SUI’s Binance Liquidation Heatmap showed liquidity on both sides, but the broader technical structure supported an upside move.

Notably, considerable liquidity concentration stretched through the $0.73–$0.74 area, providing potential targets during continued buying.

On the technical side, SUI HAD rebounded from the FVG AROUND $0.69 while maintaining its developing double-bottom structure. Meanwhile, the latest green daily candle strengthened the recovery attempt after six consecutive bearish sessions.

These signals supported continued buying toward the nearest upside liquidity concentrations around the $0.73–$0.74 zone. Besides, lower liquidation clusters also remained visible around the $0.70 and $0.68–$0.69 regions, although the demand structure limited their immediate pull.

Binance SUI/USDT Liquidation Heatmap on CoinGlass

Ultimately, holding the order block would increase the chances of SUI sweeping overhead liquidity first.

Such a price move could strengthen the recovery attempt towards the $0.7771 resistance. Beyond that resistance, persistent buying would potentially bring the $0.8440 supply zone back into focus.