SUI Reclaims Smart Money Zone, While Weekly Structure Signals Big Move Ahead
SUI is exhibiting early indicators of a significant shift in momentum after reclaiming a key good cash accumulation zone on the weekly chart. Following a deep corrective part, the value construction is starting to stabilize, suggesting that affected person consumers could also be positioning for the subsequent main transfer. With higher-timeframe support holding and a bullish construction steadily rebuilding, the setup hints {that a} bigger growth might be brewing.
Defending Weekly Accumulation After Deep 2024 Correction
Crypto analyst Crypto Patel, in a post shared on X, highlighted that SUI continues to carry a high-timeframe accumulation zone on the weekly chart following a deep correction from its 2024 highs. According to the evaluation, the broader market construction now factors towards a re-accumulation part with good cash participation.
From a technical standpoint, a number of constructive alerts stand out. The liquidity sweep on the lows has already been accomplished, whereas a robust weekly bullish order block between $1.50 and $1.30 has been totally crammed. Also, the honest worth hole overlaps with a requirement zone. Since reacting from this area, SUI has already delivered a bounce of roughly 45%, indicating rising bullish responsiveness.
The construction stays technically wholesome, with value motion respecting a rising channel and the high-timeframe bias steadily shifting again towards the upside. These developments recommend that the corrective part could also be maturing, permitting for a extra sustained restoration if present situations persist.
Looking forward, Crypto Patel outlined formidable upside targets at $5, $10, and $20, contingent on the broader bullish structure remaining intact. As lengthy as SUI/USDT holds above the $1.20 degree, the macro bullish thesis stays legitimate.
The analyst additionally famous that the optimum entry zone, beforehand shared round $1.50–$1.30, had already performed out, delivering near 50% positive factors on a short-term swing. Overall, this stays a patience-driven weekly setup with engaging risk-to-reward for each spot and swing merchants, however invalidation may happen on a weekly shut beneath $1.20.
SUI Respects Structure After Completing HTF Correction
Sui Community outlined that the latest value motion is much from random and continues to respect a transparent structural framework. Following a whole high-timeframe correction, SUI has transitioned right into a re-accumulation part, with value stabilizing inside a well-defined weekly demand zone.
This zone is the place good cash participation has turn out to be evident, signaling renewed confidence after the corrective transfer. The neighborhood additionally made reference to the identical $1.30 and $1.50 entry zone as Crypto Patel, which has since been crammed and validated, delivering positive factors of roughly 50%.
At this stage, the outlook shifts right into a patience-based weekly play with an uneven risk-to-reward profile. As lengthy because the broader construction holds, the long-term upside targets stay firmly in focus at $5, $10, and $20.