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<p>Ali, known on Twitter as @ali_charts, recently shared insights on the cryptocurrency $SUI. He noted that the asset has experienced a surge of over 145% since September.</p>
<p>However, he highlighted a concerning development: <a href="https://tradingcenter.org/index.php/learn/technical-analysis/328-how-to-trade-td-sequential#:~:text=The%20TD%20(Tom%20Demark)%20Sequential,very%20poorly%20in%20ranging%20markets." target="_blank" rel="noopener noreferrer nofollow">the TD Sequential indicator </a>is now signaling a potential sell on the 3-day chart. This could suggest that a price pullback may be imminent.</p>
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   <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24SUI&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$SUI</a> has surged over 145% since September, but the TD Sequential indicator is now flashing a sell signal on the 3-day chart, hinting at a potential pullback! <a href="https://t.co/fTabky5blv" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/fTabky5blv</a></p>— Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1841578652598759538?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">October 2, 2024</a>
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<p><strong><em>Read Also: <a href="https://captainaltcoin.com/investors-flips-368-to-2-million-in-3-days-trading-this-sui-meme-coin-heres-how/" target="_blank" rel="noopener noreferrer nofollow">Investors Flips $368 to $2 Million in 3 Days Trading This SUI Meme Coin: Here’s How</a></em></strong></p>
<p>In addition to this, the relative strength index (RSI) is currently at 78, indicating that $SUI is in overbought territory. This observation further supports the possibility of a price retracement for the asset.</p>
<h2 class="wp-block-heading" id="pullback-to-1-45-expected-watch-these-key-levels">Pullback to $1.45 Expected: Watch These Key Levels</h2>
<p>According to AltFINS, a crypto analytics firm, the analysis of $SUI reveals that the asset is still in an uptrend across various timeframes. Despite the sell signals that suggest a possible pullback, the overall trend remains positive.</p>
<p>The firm outlines a trade setup indicating that the price has resumed its upward movement following a bullish breakout from a Falling Wedge pattern.</p>
<p><strong><em>Read Also: <a href="https://captainaltcoin.com/heres-why-kaspa-kas-price-has-not-topped-yet/" target="_blank" rel="noopener noreferrer nofollow">Here’s Why Kaspa (KAS) Price Has Not Topped Yet</a></em></strong></p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="562" src="https://captainaltcoin.com/wp-content/uploads/2024/10/image-108-1024x562.png" alt="" class="wp-image-561118" srcset="https://captainaltcoin.com/wp-content/uploads/2024/10/image-108-1024x562.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-108-300x165.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-108-767x421.png 767w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-108-1536x843.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-108-2048x1124.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-108-273x150.png 273w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-108-100x55.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-108-637x350.png 637w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-108-788x432.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-108.png 938w" sizes="(max-width: 1024px) 100vw, 1024px">
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<p><em>Source: </em><strong><a class="thirstylink" rel="noopener noreferrer nofollow" target="_blank" title="altFINS" href="https://captainaltcoin.com/go/altfins/" data-shortcode="true"><em>altFINS – Start using it today</em></a></strong></p>
<p>Additionally, $SUI has surpassed the 200-day moving average and is now approaching a significant resistance level at $2.00. However, with the<a href="https://coinswitch.co/switch/crypto/what-is-an-rsi-indicator-and-how-to-use-it-in-crypto-trading/" target="_blank" rel="noopener noreferrer nofollow"> relative strength index (RSI) </a>hovering around 80, the asset appears overbought, which could lead to some profit-taking in the near term.</p>
<p>AltFINS suggests waiting for a potential pullback to the support level at $1.45 for another swing trade entry in the uptrend. They recommend setting a price alert for this opportunity.</p>
<p>Overall, AltFINS emphasizes that although there may be short-term pullbacks, the long-term outlook for $SUI remains optimistic.</p>
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<p>The post <a href="https://captainaltcoin.com/sui-140-price-surge-might-be-ending-as-indicators-flash-sell-signals-heres-the-outlook/" rel="noopener noreferrer nofollow">SUI +140% Price Surge Might Be Ending as Indicators Flash Sell Signals: Here’s the Outlook</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

SUI +140% Price Surge Might Be Ending as Indicators Flash Sell Signals: Here’s the Outlook

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