NewsCryptoAnalysts Eye $1.40 for SUI as Bullish Divergences and Three Weekly Buy Signals Align

Analysts Eye $1.40 for SUI as Bullish Divergences and Three Weekly Buy Signals Align

Author: Cryptofrontnews·

Key Takeaways

  • •Michael van de Poppe identified higher-timeframe bullish divergences for SUI against both the dollar and Bitcoin, saying the token is breaking upward toward 1,200 sats and could move toward 2,100 sats as the setup develops.
  • •Van de Poppe tied the technical picture to SUI ecosystem developments, including feeless stablecoin transactions, Bitcoin DeFi and other DeFi protocols, and the SUI Basecamp event, which was about two weeks away when he posted.
  • •Ali Charts noted that SUI's weekly chart printed a Tom DeMark Sequential 13 buy signal in late July, and the token has gained 45% since that print.
  • •SUI must rise above $0.98 for the Parabolic SAR dot to move below price, a shift that would confirm an uptrend and complete a third weekly signal after the SuperTrend indicator flipped to a buy.
  • •Ali Charts mapped a weekly parallel channel with a mid-range near $1.03 as the immediate upside level, with a break above that area putting the channel's upper boundary near $1.40 in focus.
Analysts Eye $1.40 for SUI as Bullish Divergences and Three Weekly Buy Signals Align

SUI, the native token of the layer-1 Sui blockchain, has been gaining ground after months of negative sentiment, with analysts Michael van de Poppe and Ali Charts pointing to separate technical signals on the asset's higher timeframes. Van de Poppe highlighted bullish divergences against both the dollar and Bitcoin, while Ali Charts identified three weekly indicators that, in his analysis, could support a move toward $1.40. Both framed their outlooks around specific price levels and technical setups behind the recent recovery, and because both readings rest on higher-timeframe chart structure rather than short-term moves, the levels each analyst names serve as the setup's checkpoints.

Van de Poppe Points to Divergences and Ecosystem Catalysts

In a post on X, van de Poppe said SUI had faced strong criticism over recent months before beginning its latest recovery. He pointed to higher-timeframe bullish divergences against both the dollar and Bitcoin — a pattern in which price makes lower lows while momentum makes higher lows, which technicians read as fading selling pressure — and said the token is now breaking upward toward 1,200 sats, a denomination in satoshis, bitcoin's smallest unit, commonly used to gauge altcoin performance against Bitcoin. In his view, the current setup could support a further move toward 2,100 sats.

Beyond price action, van de Poppe cited several developments within the SUI ecosystem, including stablecoin transactions without fees and Bitcoin DeFi alongside other DeFi protocols. He also pointed to SUI Basecamp, which he said was two weeks away at the time, adding that the event could bring major updates and increased attention to the project — the kind of conference window layer-1 teams typically use to roll out roadmap news.

Ali Charts Tracks Three Weekly Buy Signals

Ali Charts laid out three technical signals on SUI's weekly chart. The first appeared in late July, when the Tom DeMark Sequential printed a 13 buy signal. The TD Sequential, developed by Thomas DeMark, is a widely used tool for identifying potential exhaustion points. According to Ali, SUI has gained 45% since that print.

The SuperTrend indicator — a trend-following tool that flips from resistance to support when trend direction changes — has since flipped to a buy signal, adding a second technical development. A third could emerge through the Parabolic SAR, which plots dots above or below price to signal trend direction. Ali said SUI must rise above $0.98 for the SAR dot to move below price, a shift that would confirm an uptrend and could provide dynamic support. The $0.98 level therefore remains a key confirmation point in his analysis, since it decides whether the third signal joins the other two.

Channel Levels Place $1.03 and $1.40 in Focus

Ali also identified a parallel channel on SUI's weekly chart — a range bounded by two parallel trendlines whose midline often acts as a pivot between them. Its mid-range sits near $1.03, which he views as the immediate upside level. A break above that area would put the channel's upper boundary near $1.40 in focus. Ali said the three technical signals are aligning around the setup; when several independent indicators point the same way on a single timeframe, technicians call it confluence, a condition generally given more weight than any single signal.

Van de Poppe, for his part, connected the technical picture with SUI's ecosystem developments, citing the project's team, its stablecoin and Bitcoin DeFi initiatives, and the upcoming Basecamp event. He reiterated that SUI could push toward 2,100 sats as the bullish divergence develops. Between the $0.98 SAR trigger, the $1.03 and $1.40 channel levels, and the Basecamp date, both frameworks leave a defined set of markers for how the setup develops in the weeks ahead.