SUI Eyes $1.40 as Bullish Divergences and Three Weekly Buy Signals Align

• SUI shows higher-timeframe bullish divergences against the dollar and Bitcoin, with van de Poppe watching 2,100 sats.
• Ali Charts identifies three weekly buy signals from the TD Sequential, SuperTrend and potential Parabolic SAR.
• SUI faces $0.98 as a key confirmation level, while a break above $1.03 could put the $1.40 channel target in focus.

SUI is gaining ground after months of negative sentiment, with Michael van de Poppe and Ali Charts pointing to separate technical signals. Van de Poppe highlighted bullish divergences and upcoming Basecamp developments, while Ali identified three indicators supporting a possible move toward $1.40. Both analysts focused on specific price levels and technical setups behind the recent recovery.

Van De Poppe Highlights SUI’s Technical Setup

Michael 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 the dollar and Bitcoin.

According to van de Poppe, SUI is now breaking upward toward 1,200 sats. He expects the current setup could support a move toward 2,100 sats. He also highlighted several fundamental developments. 

These include stablecoin transactions without fees and Bitcoin DeFi alongside other DeFi protocols. Van de Poppe also pointed to SUI Basecamp, which he said was two weeks away. He said the event could bring major updates and increased attention.

Ali Charts Tracks Three Weekly Buy Signals

Ali Charts identified three technical signals on SUI’s weekly chart. The first appeared in late July when the Tom DeMark Sequential printed a 13 buy signal. SUI has since gained 45%, according to Ali. 

https://twitter.com/alicharts/status/2101946477299880047?s=20

The SuperTrend indicator has also flipped to a buy signal, adding another technical development. A third signal could appear through the Parabolic SAR. Ali said SUI must rise above $0.98 for the SAR dot to move below price.

That shift would confirm an uptrend and could provide dynamic support. The $0.98 level therefore remains a key confirmation point in Ali’s analysis.

SUI Channel Places $1.03 And $1.40 In Focus

Ali also identified a parallel channel on SUI’s weekly chart. Its mid-range sits near $1.03, creating the immediate upside level in his analysis. A break above that area would place the channel’s upper boundary near $1.40 in focus. 

Ali said the three technical signals are aligning around the setup. Meanwhile, van de Poppe connected the broader technical picture with SUI’s ecosystem developments. He cited the project’s team, stablecoin fees, Bitcoin DeFi, and Basecamp.

Van de Poppe also said SUI could continue higher toward 2,100 sats as the bullish divergence develops.