They absolutely will contend for a trophy next season. They have AA to high AA potential at every weight next season. Singleton and Faison would need dream draws, sure, but Sheets pulled AA from the 33 seed a few years ago and both of them should qualify at the very least. That is 10 to NCAAs.
Honestly I wish they could get Kovacs in the lineup. It would likely mean Singleton up (or redshirt) and either him or Scott up a weight, but the guy went back and forth with Scott a couple years ago and he has four years of eligibility remaining (2021 free, 2022 redshirt, 2023 injury, so now he is a Frosh). Let Singleton grow in to 174 (or maybe Kovacs?) for 2024-2025 and you have those weights pretty set.