📊 *SUI/USDT Weekly Chart Analysis* 🚀📉SUI is showing signs of a *bullish reversal* on the weekly timeframe — and that could mean big upside if current structure holds. The price is currently sitting around *3.21*, but the real move may come after a retest of key support.
🛡️ *Major Support:2.13*
- This zone has acted as a *strong demand area* in the past.
- It also aligns with the *0 Fibonacci base*, making it a critical level for bulls to defend.
- If SUI pulls back to this region and holds, it could signal the start of a new uptrend 📈
🎯 *Upside Targets*:
1️⃣ *TP1:3.95* – A move back to this range would represent a solid breakout from the current base.
2️⃣ *TP2: 5.88* – This is the more aggressive mid-term target, based on previous price action zones and Fib extensions 🔥
📌 *Why this matters*:
- A bullish reversal at weekly support often leads to *multi-week rallies*.
- Holding above2.13 is key — if bulls step in with volume, the upside potential is strong.
- If BTC and the overall market remain risk-on, SUI could benefit heavily as a mid-cap with strong fundamentals.
🧠 *Strategy*:
Patience is key. Accumulation around 2.13–2.50 could present a low-risk, high-reward entry — but confirmation of strength (like bullish candles, volume uptick) should be watched.
📈 If momentum builds, SUI may surprise to the upside in this bull cycle.