SUI Maintains Weekly Accumulation Zone with 45% Bounce Potential

SUI Market Update:

SUI remains stable in a key accumulation zone despite a sharp correction from previous highs.
Market structure suggests re-accumulation, with smart money potentially positioning for an upside move.
Technical indicators show liquidity has been swept at the lows, maintaining a bullish order block between $1.50 and $1.30.
A 45% bounce from the entry region reflects positive price action, with a rising channel structure intact.
Upside targets are set at $5, $10, and $20, contingent on SUI/USDT staying above $1.20 to maintain a macro bullish outlook.
The strategy is patience-driven, offering favorable risk-to-reward conditions for traders.
A weekly close below $1.20 would invalidate the bullish scenario, while defending this level supports the accumulation narrative.

SUI

SUI Market Structure:

SUI continues within its established market range, neither committing to a new direction nor rejecting the current range.
The lower trendline has been defended multiple times, but the upper trendline resistance persists as a challenge.
A clear break above the upper boundary could indicate stronger market conviction and potential sustained upside.
Failure to break above may suggest a relief bounce, keeping the market in consolidation.

SUI