$SUI /USDT — Weekly Timeframe Analysis
SUI is currently trading inside a long-term demand zone, an area that has previously acted as a strong accumulation region.
🔍 Key Observations
Price is sitting on a major support zone around 0.95 – 1.10 USDT
This level has historically produced strong bounces
After a sharp sell-off, price action shows stabilization and base formation
🧠 Market Structure
Macro structure remains in a corrective phase
The current zone represents a high-probability potential reversal area
Volume behavior suggests possible smart money accumulation
🎯 Potential Scenario
If this support holds:
First target: 1.80 – 2.00 USDT
Second target: 2.80 – 3.00 USDT
A strong breakout could open the door for higher long-term targets
❌ A weekly close below this demand zone would invalidate this bullish setup.