$SUI PRICE FORECAST | IS $20 POSSIBLE?

SUI PRICE FORECAST | IS $20 POSSIBLE? | ANALYSIS BY CRYPTOPATEL

SUI Is Showing A Clear High-Timeframe Smart Money Re-Accumulation Structure On The Weekly Chart After A Deep Correction From 2024 Highs.

Market Structure Overview
After A ~76% Drawdown, Price Swept Liquidity At The Lows And Printed A Strong Reversal, Signaling Demand Absorption And Institutional Interest.

Technical Confluence
Weekly Bullish Order Block: $1.50 – $1.30
OB Aligned With Fair Value Gap (Strong Demand Zone)
~45% Impulse Move Already Delivered From This Area
Price Structure Respects A Rising Channel
HTF Bias Turning Bullish

👉 Best Entry Zone ($1.50 – $1.30) Was Shared Earlier, Cleanly Filled, And Has Already Given ~45% Profit On A Short-Term Swing.

Targets (HTF Expansion)
TP1: $4.8 (Previous Weekly Resistance)
TP2: $18 – $20 (HTF Expansion + Psychological Zone)

⚠️ Invalidation
Weekly Close Below $1.20 Breaks The Bullish Structure

Final Thoughts
This Is A Patience-Based Weekly Setup, Not A Short-Term Trade. As Long As Price Holds Above The Bullish OB, Upside Expansion Remains The Higher Probability Scenario.

Disclaimer: TA Only. Not Financial Advice. Markets Are Probabilistic. Always Do Your Own Research.