SUI Targets $20 as Market Structure Flips Bullish After Major Correction

3 mins mins

Key Insights:

SUI’s market structure is bullish after a strong correction and bounce of 45-50%.
The total value locked in SUI has risen by $634 million in 2026, indicating structural growth.
As long as SUI stays above $1.20, a bullish trend towards $20 could be possible.

0de2a4e1 23ba 4156 be94 c226dd98fd70 — *SUI Targets $20 as Market Structure Flips Bullish After Major Correction*

The SUI market is showing signs of recovery after a deep correction. Traders and analysts suggest that the cryptocurrency could be heading towards $20. Recent market structure changes and positive trends indicate strong potential for growth.

As of the time of writing, Sui was trading at $1.78 with a 24-hour trading volume of $833.625M. Sui is down 2.18% in the last 24 hours.

SUI Market Structure Shifts Bullish

SUI has held steady in a weekly high-time-frame accumulation zone after significant corrections from 2024 highs. According to SuiInsiders, the structure points to re-accumulation and smart money activity. Several key factors support the prediction of a potential rise.

SuiInsiders highlighted “SUI is holding above critical levels, with the $1.50 – $1.30 range being fully filled.” The completion of a liquidity sweep and the presence of a strong bullish order block have further reinforced the bullish outlook. SUI has already shown a bounce of around 45-50%. This suggests that SUI could move towards the $5, $10, and possibly $20 price levels in the future.

Experts believe that as long as the price stays above $1.20, the bullish trend remains intact. A weekly close below $1.20 would invalidate the positive market view.

TVL Shows Strong Growth in 2026 and Healthy Consolidation

After showing a strong bullish expansion, SUI is now cooling off in what appears to be a healthy consolidation phase. This is often seen as a typical price structure before the next move upward.

BitGuru stated that this consolidation phase suggests that the price is compressing before another upward impulse. This continuation structure indicates that SUI might be preparing for another bullish move. Traders are now looking for signs of a price surge after this consolidation period.

Moreover, the total value locked (TVL) in SUI has seen impressive growth. In just the early days of 2026, TVL has risen by $634 million. This growth reflects a structural shift rather than a short-term price pump.

SUI TVL: +$634,000,000 in 2026 alone.

The growth curve is vertical. This isn’t a pump; it’s a structural shift.$SUI is no longer the "underdog." It’s the standard.

Next stop? Price discovery. pic.twitter.com/DGvuK6LmFV
— NekoZ (@NekozTek) January 16, 2026

NekoZ noted, “The growth curve is vertical. SUI is no longer the underdog. It’s becoming the standard.” This sharp increase in TVL shows growing investor confidence and could signal further upward price movement. As $SUI holds above key support levels, the market is expecting a new price discovery phase, possibly pushing the asset into higher value ranges.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.