SUI Isn’t Done Yet: Weekly Accumulation Holds As Buyers Reload Below

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. SUI continues to show resilience on the weekly chart, holding firm within a key accumulation zone even after a sharp correction from its highs. Buyers are once again stepping in at lower levels, suggesting reloading rather than distribution, as marketstructure hints that smart money may still be positioning for a broader upside move. Weekly Structure Holds After Deep 2024 Reset

Accordingto Crypto Patel, SUIcontinues to hold a high-timeframe accumulation zone on the weekly chart following a deep correction from its 2024 highs. The broader market structure points toward a re-accumulation phase, with signs that smart money participation is gradually returning after a sell-off. Related Reading Analysts Turn Bullish on SUI as Token Extends Gains Amid Renewed Institutional Interest 1 month ago

From a technical perspective, several key conditions are aligning. Liquidity has already been swept at the lows, while a strong weekly bullishorder block between $1.50 and $1.30 remains intact. A Fair Value Gap (FVG) overlapping with this demand zone further strengthens the case for sustained buyer interest in SUI at these levels.

Price action has already responded positively, delivering an approximately 45% bounce from the highlighted entry region. Furthermore, the rising channel structure remains unbroken, and the High-timeframe bias is now slowly tilting bullish as structure stabilizes. SUI triangle support holding strong | Source: Chart from Crypto Patel on X

Crypto Patel maintains upside targets at $5, $10, and $20. As long as SUI/USDT stays above the $1.20 level, the macro bullish thesis remains valid, which acts as the key line separating continuation from failure.

The setup is described as patience-driven, offering attractive risk-to-reward conditions for spotand swing traders willing to let the weekly structure play out. A weekly close below $1.20 would invalidate the bullish outlook, while continued defense of that level keeps the accumulation narrative firmly in play. SUI Remains Locked Within Its Established Structure

In an earlier update, CryptoELlTES highlighted that SUI remains confined within the same broader market structure, with price continuing to respect its established range. This behavior suggests that the market has not yet committed to a new directional move, keeping both continuation and rejection scenarios in play. Related Reading SUI Climbs Into High-Risk Territory As Wave 4 Nears Its Exhaustion Point 1 month ago

The rising base has now been tested and defended multiple times, and once again, buyers stepped in aggressively from the lower trendline. Even so, the upper trendline remains intact, and that resistance is the real hurdle standing in the way of a confirmed bullish expansion.

A decisive and clean break above that upper boundary would shift the overall tone, signaling stronger conviction and opening the door for sustained upside. However, if price fails at that level, the move risks being classified as just another relief bounce within the range, leaving the market stuck in consolidation and the larger direction still undecided. SUI trading at $1.92 on the 1D chart | Source: SUIUSDT onTradingview.com Featured image from Freepik, chart from Tradingview.com