The price of Sui is $1.83 as of writing. Its 24-hour trading volume is $1.3 billion. SUI gained 0.69% in the last 24 hours and 4.07% over the past week.
With 3.8 billion coins in circulation, the market cap stands at $6.93 billion. Short-term momentum shows steady buyer interest.
SUI is currently forming a textbook high-timeframe accumulation structure following a correction from 2024 highs. The weekly chart shows a liquidity sweep at lows, followed by immediate recovery.
This movement indicates that smart money has absorbed selling pressure. CryptoPatel highlights that the $1.50–$1.30 weekly order block has been fully respected.
It overlaps with a Fair Value Gap, creating a high-probability demand zone. From this zone, price has already delivered a 45–50% bounce, confirming its strength for future upward moves.
The rising channel structure remains intact, showing that the macro bullish trend has not been broken. Weekly closes above the $1.20 macro validation level ensure the market maintains its bullish structure.
Short-term price action shows higher lows forming, signaling buyers are actively absorbing dips rather than exiting positions.This accumulation phase suggests that the market is transitioning from a corrective structure to an impulsive upward trend.
Historically, major expansions in SUI have originated from similar structural compressions. Traders monitoring weekly levels above $1.20 are likely to see continued validation of the bullish thesis.
Immediate resistance for SUI lies between $3.50 and $4.80, a zone that previously acted as distribution. A clean break and weekly close above this range could pave the way for the first major target at $5.
Beyond this, SUI enters thin liquidity areas, increasing the potential for momentum-driven moves toward $10. According to CryptoPatel, $20 remains possible as a full-cycle target.
Achieving this level requires patience, higher lows, and sustained support above key macro levels. Between $10 and $20, structural resistance is minimal, suggesting rapid upward movement if accumulation continues.
Short-term intraday patterns show consolidation around $1.80–$1.85. Support near $1.78–$1.80 has successfully held as a liquidity grab before price rebounds.
A break above $1.85–$1.88 could open the path toward $1.95–$2.00. Volume remains steady, indicating controlled accumulation rather than distribution.
Overall, SUI’s market structure reflects a patient, high-probability setup. Weekly accumulation and strong demand zones reinforce the potential for higher targets.
Traders focusing on weekly support levels are likely to benefit from structured upward movements toward $5, $10, and potentially $20.
The post SUI Price Analysis: Accumulation Structure Targets $5 With Long-Term Potential to $20 appeared first on Blockonomi.


