SUI is trading around $1.19 on the weekly chart after a sharp recovery from the $0.65–$0.75 region. The move has completely changed the short term structure, with price pushing aggressively through the $1.00 area and reaching roughly $1.30 before pulling back slightly. The immediate question is whether this is the beginning of a larger recovery or simply a relief rally into major overhead supply. The chart highlights a substantial resistance zone between approximately $1.68 and $1.85. That region previously attracted heavy selling, so a move into it could produce another strong reaction. If SUI maintains the current recovery structure and eventually breaks and holds above $1.85 on the weekly timeframe, the broader upside scenario becomes significantly stronger. Until then, rejection from that zone remains a realistic possibility. A deeper retracement toward $1.00–$1.10 would not automatically destroy the recovery, but losing the recent breakout structure would weaken the setup considerably. Current market data has SUI around $1.19, with today’s session showing a pullback. #BTC Price Analysis# #Macro Insights# $SUI