SUI Nears Smart Money Zone: $2 Breakout Could Trigger Major Rally

According to crypto analyst Crypto Patel, SUI’s current price action is mirroring a classic smart money accumulation pattern. The weekly chart analysis indicates the cryptocurrency is trading near a “sell-side liquidity grab” close to the support of its long-term ascending channel. This technical setup, where price briefly dips to trigger stop-loss orders before reversing, is often where institutional and sophisticated capital begins building positions. As Patel notes, “This is how big trends are built, slowly, then suddenly.” The identified zone suggests that patient accumulation by larger players could be underway, setting the stage for a significant move once the compression phase concludes.

Further supporting this thesis is the presence of a strong weekly demand zone and a bullish order block between $1.15 and $0.80. This area represents a prior region of significant buying interest, indicating where the market structure could turn “super bullish” if SUI manages to clear higher-timeframe resistance levels. The core dynamic highlighted by analysts is the behavioral difference between smart money and retail traders: the former tends to buy during these periods of uncertainty and compression, while the latter often waits for a confirmed breakout, potentially entering at higher prices.

As outlined by Altcoinpedia, SUI’s immediate technical landscape is defined by clear boundaries. The asset is currently anchored around $1.28, consolidating above a key support level near $1.50. The primary resistance ceiling sits firmly at $2.00. This tightening price range reflects a balance between buyers and sellers, with the ongoing compression being a classic precursor to a volatile expansion. The market’s momentum indicators are currently in a neutral state, reflecting the prevailing indecision and the battle at these critical technical levels.

The path forward hinges on which of these boundaries breaks decisively. A sustained move above $2.00, particularly if accompanied by expanding trading volume, would confirm a bullish breakout. Analysts project that such a confirmation could propel SUI toward initial targets of $2.35 and $2.50, with longer-term projections from Crypto Patel extending to $5, $10, and even $20. Conversely, a failure to overcome the $2.00 resistance, especially on shrinking volume, increases the risk of a retest of the $1.50 support. A breakdown below this level under heavy selling pressure could see price decline toward $1.20, invalidating the near-term bullish structure and confirming a bearish scenario.

For active traders, the current setup necessitates a disciplined approach focused on the identified range boundaries. Entries and exits should be managed around the $1.50 support and $2.00 resistance levels, with stop-loss orders placed accordingly to limit risk from false breakouts. The neutral momentum underscores that a clean, volume-confirmed break is essential for a reliable signal; a move above $2.00 without significant buying volume may lack sustainability, just as a drop below $1.50 without heavy selling may not indicate a true trend reversal.

For longer-term investors, the prudent strategy may be to exercise patience and wait for a decisive resolution from the current consolidation. A confirmed breakout above $2.00 would provide a clearer signal for bullish trend continuation, while a breakdown would suggest further downside is likely. This wait-and-see approach reduces the risk of being caught in false moves within the neutral range. As the analysis concludes, the market’s next major leg will be determined by which side—bulls or bears—successfully claims the liquidity around these key levels, rewarding those who correctly interpret the confirmation.