- SUI trades at $1.15 (+2.96% 24h, $4.72B market cap) as a golden cross forms on the daily chart
- Analyst @alicharts flags 50D SMA crossing above 200D SMA — prior two instances produced +240.25% and +222.45% rallies
- $4.00 price target requires +245% from current $1.15; key resistance at $1.80 and $3.00
- Invalidation level: $0.72 — a break below negates the golden cross thesis entirely
SUI is trading at $1.15 — up 2.96% in 24 hours — with a market cap of $4.72 billion, as one of the most reliable trend-reversal signals in technical analysis begins to form on its daily chart: a golden cross.
Crypto analyst Ali Martinez (@alicharts) flagged the setup on September 30, 2026, identifying SUI as “on the verge of printing a new golden cross, with the 50-day SMA beginning to cross above the 200-day SMA.” Martinez called it “a major bullish trend signal” that “could mark the beginning of a longer-term bull market” — with a price target of $4.00.
What a Golden Cross Actually Measures
The golden cross is not a price level — it is a momentum event. It occurs when a shorter-term moving average (the 50-day SMA) crosses above a longer-term one (the 200-day SMA), signaling that recent price action has accelerated above the longer-term trend baseline. The 200-day SMA acts as the long-cycle anchor; when the 50-day breaches it from below, it reflects sustained buying pressure that has outpaced months of prior selling.
This matters on the daily chart because the 200-day SMA represents roughly 40 weeks of price history. A cross above it is not noise — it requires a structural shift in momentum to execute.
The Track Record — Two Prior Golden Crosses, Two +220%+ Rallies
The daily chart shared by @alicharts documents SUI’s prior golden cross instances across the 2025 cycle. Both resulted in sustained rallies of comparable magnitude:
| Instance | Signal Type | Rally Produced |
|---|---|---|
| Golden Cross #1 (2025 Cycle — Early) | 50D SMA crosses above 200D SMA | +240.25% |
| Golden Cross #2 (2025 Cycle — Mid) | 50D SMA crosses above 200D SMA | +222.45% |
| Golden Cross #3 (Forming — Sept 2026) | 50D SMA crossing above 200D SMA | Target: +245% to $4.00 |
Source: @alicharts daily SUI chart, September 30, 2026
Two-for-two is a track record. The current signal is now forming at a structurally similar setup — a deep correction from prior highs followed by a base at approximately $0.72, now recovering with the 50-day SMA curling upward through the 200-day SMA.
Reading the Chart — Levels That Matter
Ali Martinez’s daily SUI chart reveals the full structure of the current setup. Price bottomed near $0.72 — the key support zone — before recovering to current levels around $1.15–$1.16. Two resistance checkpoints stand between current price and the $4.00 target: $1.80 (first resistance) and $3.00 (second major resistance). The $4.00 target represents a +245% move from the $1.15 entry level.

The prior percentage moves annotated on the left side of the chart — the +240.25% and +222.45% labels — represent already-completed rallies from the 2025 cycle peaks, confirming the pattern context. The current formation mirrors those prior launchpad conditions: base established, golden cross imminent, momentum returning.
Key Levels — Support, Resistance, and the Invalidation Line
Three prices define this trade:
- $0.72 — Support / Invalidation: The recent cycle low. A sustained breakdown below this level would invalidate the golden cross thesis and suggest the 200-day SMA is not acting as support but rather resistance from below.
- $1.80 — First Resistance: The initial checkpoint. A clean break and hold above $1.80 on daily closes would confirm the trend reversal is advancing as expected.
- $3.00 — Second Resistance: The intermediate target before the $4.00 zone. Historical resistance from the 2025 cycle structure. Clearing $3.00 on high volume opens the direct path to Martinez’s target.
Bullish Scenario — Confirmed Golden Cross and $1.80 Reclaim
If SUI’s 50-day SMA completes the cross above the 200-day SMA on a daily close, and price subsequently reclaims and holds $1.80, the pattern aligns with the two prior golden cross instances that each produced 220%–240% gains. From $1.80, the next measured move targets $3.00, then $4.00. The +245% path from current levels to $4.00 is consistent with both prior precedents.
Bearish Scenario — Death Cross Invalidation at $0.72
A failure of the golden cross — where the 50-day SMA stalls and rolls back below the 200-day SMA — combined with a breakdown below the $0.72 support level would negate the current bullish structure entirely. In that scenario, SUI would be printing a failed golden cross, historically a bearish signal when the cross reverses quickly, with downside risk reopening toward prior accumulation zones.
Two-for-Two Becomes Three-for-Three — or Doesn’t
SUI’s golden cross is forming at $1.15 with a documented two-for-two track record of producing +220% to +240% rallies in both prior instances this cycle, per Ali Martinez’s daily chart analysis. The mechanism is straightforward: the 50-day SMA crossing above the 200-day SMA signals that medium-term momentum has structurally overtaken the long-term trend, historically the inflection point for SUI’s largest sustained moves. The $4.00 target requires +245% from current price, with $1.80 and $3.00 as the intermediate checkpoints that will define whether the third instance matches its predecessors. Watch $0.72 as the hard invalidation — and watch $1.80 as the first confirmation that the cross is holding.
Frequently Asked Questions
What is a golden cross and why does it matter for SUI specifically?
What price levels must SUI clear for the $4.00 target to remain valid?
What would invalidate the SUI golden cross bull thesis?
How long did prior SUI golden cross rallies take to play out?
Source: Ali Charts · Published by CoinsProbe Markets Desk
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