As per TheMarketPeriodical, SUI price has rebounded amid strong support and stablecoin-driven demand, with analysts identifying new buy signals across weekly trend indicators. Analysts Wacy, BullifyX, and Ali highlighted the potential for a price move above $2.40, citing a new stablecoin (USDSui), increased liquidity, and technical indicators showing bullish momentum. The rollout of USDSui, a fiat-backed stablecoin, is seen as a key catalyst for SUI’s price outlook, while weekly charts show a '9' buy signal from TD Sequential, historically marking major trend reversals. Short-term momentum has also favored SUI, with a recent rebound above $1.75 and a projected next target of $2.40–$2.80. Analyst newstar0507 noted early accumulation signs and a potential breakout above $1.80, reinforcing the case for a medium-term recovery.
SUI Price Rebounds Amid Stablecoin Catalyst and Technical Buy Signals
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