SUI Buy Signal Returns as Price Targets $1.29 Resistance

Analyst reports a fresh SUI four-hour SuperTrend buy signal, following a previous signal that preceded a 77.53% rally. Kyle Chasse reports Sui repurchased approximately 830,300 tokens using stablecoin yield, though the total purchase value remains unspecified. SUI trades near $1.123 below its $1.14 50-day moving average, with resistance at $1.20 and 1.25–1.29 and support near $1.05. Sui has recorded a fresh technical buy signal as analyst Ali Charts highlights a SuperTrend indicator shift on the four-hour chart. The signal follows a previous setup that preceded a 77.53% rally.

Source: Crypto Front News