SUI/USDT — Last Defense Before the Next Major Move?SUI is now approaching a critical demand zone between $1.93 – $2.40 — a region that once acted as macro resistance during its early 2024 breakout, and now serves as the final major support on the weekly structure.
After multiple failed attempts to reclaim the mid-range resistance at $3.32 – $4.30, price action has rotated downward into this yellow box — forming what could become either a springboard for a major reversal or a breakdown trigger if support fails.
---
🔹 Technical Overview
The yellow block ($1.93–$2.40) represents a long-term structural pivot — previously resistance, now retested as support.
The wick rejection from lower levels shows early buying interest and liquidity sweep below the zone.
However, momentum remains neutral to bearish until price can reclaim $3.32 on a weekly close.
---
🟢 Bullish Scenario
If SUI successfully holds above $1.93 and forms a strong weekly close above $2.40, buyers could gain control and aim for:
$3.32 → key mid-level resistance
$4.30 → previous consolidation cap
$5.25 – $5.36 → macro breakout target
A reclaim of $3.32 would confirm a potential trend reversal, shifting market structure from distribution to accumulation.
---
🔴 Bearish Scenario
If SUI breaks and closes below $1.93, the structure shifts decisively bearish.
Downside targets open toward $1.20, then $0.80 – $0.55 (prior liquidity base).
Breakdown beneath this zone would signal loss of structural support and likely trigger capitulation-type movement.
---
⚖️ Key Takeaway
SUI is at a macro decision zone — where either a long-term base forms or a deeper correction begins.
A clean weekly close and volume confirmation will define the next 3–6 month direction.
This is not a random level — this is where smart money decides who wins the next phase.
---
📊 Major Levels
Support Zone (yellow box): $1.93 – $2.40
Resistance Levels: $3.32 → $4.30 → $5.25 – $5.36
Trend Confirmation: Weekly close above $3.32 = bullish reversal
---
#SUI #SUIUSDT #Crypto #TechnicalAnalysis #PriceAction #Altcoins #SwingTrading #SupportResistance #CryptoCharts #MarketStructure #SUIAnalysis
