SUI price has spent months doing something that rarely grabs attention at first glance. The chart from CryptoPatel, shared by Sui Insiders crypto page on X, shows SUI settling into a calm weekly structure after a sharp correction from 2024 highs. That quiet phase matters because it hints at preparation rather than exhaustion. The idea of a $20 target sounds ambitious, yet the structure developing on higher time frames gives the conversation real footing.
Structure and Accumulation
Sui Insiders points to a weekly high time frame accumulation zone that formed after a heavy drawdown. SUI price corrected deeply from its 2024 peak, then stabilized instead of continuing lower. The chart highlights a completed liquidity sweep, which often marks the end of forced selling. Price returned into a clearly defined bullish order block between $1.50 and $1.30, and that zone is now fully filled. That behavior suggests sellers already tested demand and failed to break it. Accumulation phases often look uneventful, yet they quietly reset market structure. SUI price holding inside this range gives the chart breathing room to build strength.
Liquidity Sweep and Fair Value Gap Support
The attached chart from CryptoPatel shows overlapping signals that reinforce the base. A fair value gap aligns closely with the demand area, creating layered support rather than a single fragile level. Liquidity grabs appear twice on the chart, both followed by sharp upward reactions. Those reactions matter because they show buyers stepping in with intent.
Sui Insiders notes that SUI already delivered a bounce of roughly 45% to 50% from the lows. That move arrived without breaking structure or invalidating the broader setup. Rising channel support remains intact, keeping the higher time frame bias constructive rather than speculative.
Price Targets and Key Levels
CryptoPatel’s projection adds context rather than hype. The path toward $5, then $10, and eventually $20 relies on structure holding together, not speed or excitement. SUI price currently trades well below those levels, which keeps expectations grounded. The key condition stays simple and visible on the chart. SUI holding above $1.20 keeps the bullish thesis alive. That level acts as invalidation rather than a promise. Weekly closes above it allow the rising channel and demand zone to remain relevant. Losing it would change the conversation quickly.
Patience and Observation
This setup rewards patience more than prediction. The chart does not suggest an immediate surge, yet it shows conditions aligning over time. Accumulation zones, completed liquidity sweeps, and intact channels tend to matter most after noise fades. SUI price now sits at a point where structure speaks louder than headlines. The coming weeks should reveal whether this calm base evolves into expansion. Watching how price respects support may offer more insight than any bold forecast, keeping the $20 discussion alive without forcing the conclusion.