SUI Surges Toward $10 Target as Wave 3 Breakout Signals Explosive Bull Run

SUI isn't asking for permission—it's bulldozing through resistance with a textbook Wave 3 breakout. The $10 price target now looms large as bulls pile in.

Technical fireworks

Chartists are foaming at the mouth over the clean Elliott Wave pattern playing out. When Wave 3 gets going, it typically delivers the most violent moves—and SUI's currently writing that playbook in real-time.

Market psychology flip

The same traders who dismissed SUI as 'just another altcoin' last quarter are now FOMO-buying at 52-week highs. Funny how price action converts skeptics into believers—especially when there's money to be made (or lost chasing).

Warning lights flashing

Let's not pretend this is some altruistic march toward decentralized utopia. The sharks are circling—liquidity hunters know retail will pay up when FOMO hits terminal velocity. Trade accordingly.

• SUI trades at $2.78 with growing momentum and signals of bullish continuation on charts.
• Wave 2 correction likely ended after geopolitical pressures; the recovery phase may now be fully underway.
• Elliott Wave patterns indicate strong potential for a breakout to a new all-time high.
• Wave 3 projection suggests price could surge toward the $10–$12 range if sentiment holds.

Sui is showing signs of new bullish activity, currently at a price of $2.78 with 24-hour transaction volumes of nearly $1 billion. Market capitalization is steady at $9.47 billion, with the token having increased by 6.92% within the last 24 hours and a 2.00% increase within the week.

Such a movement of prices fits into a bigger picture, Elliott Wave, with Wave 2 having just completed a steep correction. That selloff caused by ongoing Middle East instability and ecosystem shocks like the Cetus Protocol hack saw SUI reverse from $1.80 southwards into a low of $1.00.

Technical analysts now anticipate the start of Wave 3, a typically aggressive upward movement within the context of an Elliott Wave. Historical tendencies of waves suggest this WOULD go through past highs, hopefully creating a new all-time high if sentiment and volume continue.

SUI Wave 3 Targets Point Toward $10+ Zone

The daily chart, according to Elliott Wave Theory, shows a bullish formation with Wave (1) spanning $0.50 to nearly $1.80 and a Wave (2) corrective bottoming at $0.90 or $1.00.

The Wave (3), expected with typical projection ratios, may take sui into a speculative $10–$12 region, an approximately 900% rise from Wave 2’s low. The target area is highlighted on the chart with a green-shaded extension region, signaling long-term upside potential.

This prediction assumes Wave 3 will remain as the largest leg, a characteristic of typical Elliott configurations. A breakout above the $1.80 level will mark an important corroboration, one with the potential of affirming the bull case as well as engaging broader market participation.

SUI Macro Environment and On-Chain Sentiment Align

While this chart’s framework structurally holds good, Wave 3’s potential gain on the upside is contingent on larger market trends.

Stabilizing of geopolitical risk, post-hacking recoveries within the universe of Sui, and cumulative day-to-day buying volumes have all fostered a fertile environment for a bounce back. Should SUI sustain this trend and overcome key resistance, a direction toward a double-digit valuation builds momentum.

In essence, technical alignment of SUI with good sentiment signals that the token will soon enjoy a huge rally if external risk is kept under control and general market support gains momentum.