SUI Testing Final Demand Zone: Reversal Imminent?
SUI is currently testing a major re-accumulation zone around $2.1 – $1.8, which previously acted as a strong demand area.
A liquidity grab below this level could trigger a sharp reversal, similar to the last time price swept lows before a massive rally.
The structure remains valid as long as this zone holds.
Once price reclaims the $2.7–$3.0 resistance, momentum could shift strongly bullish, targeting the $4.8 zone, and eventually the $20 macro target if the trend continues.
Support: $2.1 – $1.8
Resistance: $2.7 / $4.8
Macro Target: $20
Of course, NFA & Always DYOR
SUI is currently testing a major re-accumulation zone around $2.1 – $1.8, which previously acted as a strong demand area.
A liquidity grab below this level could trigger a sharp reversal, similar to the last time price swept lows before a massive rally.
The structure remains valid as long as this zone holds.
Once price reclaims the $2.7–$3.0 resistance, momentum could shift strongly bullish, targeting the $4.8 zone, and eventually the $20 macro target if the trend continues.
Support: $2.1 – $1.8
Resistance: $2.7 / $4.8
Macro Target: $20
Of course, NFA & Always DYOR
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Twitter: twitter.com/CryptoPatel
Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link
Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
