SUI Primed for $10 Surge as Wave 3 Rally Takes Hold
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[TRADE_PLUGIN]SUIUSDT,SUIUSDT[/TRADE_PLUGIN]
SUI News -
SUI has surged to $2.78, marking a 6.92% gain in the past 24 hours, with trading volumes nearing $1 billion. Market capitalization holds strong at $9.47 billion as bullish momentum accelerates.
Technical analysis indicates the completion of a Wave 2 correction, influenced by geopolitical tensions and ecosystem shocks like the Cetus Protocol hack. The token now appears ready for a Wave 3 rally, which is historically the most aggressive phase in Elliott Wave Theory.
Chart patterns suggest a potential breakout toward $10–$12, which WOULD establish new all-time highs. The daily chart shows Wave (1) previously drove SUI from $0.50 to $1.80, setting the stage for extended gains.
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