$SUI is flashing a high-quality long-term setup on the weekly chart. The structure is clean, the support is clear, and the risk is well-defined.
Let’s break it down.
Technical Overview (Weekly)
SUI has completed a textbook Double Bottom after a deep 75% corrective move. Price is currently holding a critical confluence zone between $1.35 and $1.45, where:
Long-term rising trendline support aligns
Macro structural support is intact
Sellers have already exhausted momentum
This zone is key. As long as it holds, the technical bias remains firmly bullish.
A successful defense here opens the path toward:
Neckline resistance near $2.00
Long-term measured move target around $10.37
A weekly close below $1.30 would invalidate this setup. Until then, the structure favors upside.
Fundamentals Back the Chart
SUI’s fundamentals are catching up to the technicals:
Strong and accelerating TVL growth
Expanding DeFi ecosystem
High developer activity driven by its object-centric architecture
Growing real usage rather than hype-driven volume
This kind of on-chain growth is exactly what you want to see during accumulation phases.
Strategy
Accumulation Zone: $1.40 – $1.50
Invalidation: Weekly close below $1.30
Bias: Long-term bullish
This is shaping up as a high-conviction accumulation range for investors positioning early, not chasing later.
Holding and stacking $SUI while price compresses at macro support makes sense from both a technical and fundamental standpoint.
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