SUI– Breakout Setup Forming, Bulls Eyeing a Move Toward $20SUI/USDT – Breakout Setup Forming, Bulls Eyeing a Move Toward $20
SUI is building a strong re-accumulation base after months of correction. The $1.6–$2 demand zone continues to attract heavy buying interest, the same zone that triggered the last major rally.
Technical Highlights:
✅ Multiple liquidity grabs with strong rebounds
✅ $1.6–$2 zone acting as key accumulation area
✅ Descending trendline compression nearing breakout
✅ Structure remains bullish above $1.6
A confirmed breakout above the descending trendline could launch SUI into a high-momentum phase, targeting higher resistances.
Upside Levels: $4.8 / $10 / $20 – Macro channel target
Accumulation View:
Smart money is active below $2, positioning early before expansion. As long as $1.6 holds, the structure favors a bullish continuation.
High compression. Low noise. When this trendline breaks, volatility will speak loud. NFA & DYOR
