Key Points
- •Sui confirmed its impulsive Elliott Wave count by breaking $3.62, validating the white scenario and signaling long‑term bullish structure.
- •A nested 1–2 pattern suggests gradual momentum building, with controlled stair‑step advances rather than short‑lived volatility spikes.
- •Resistance between $3.85 and $4.10 will determine strength before higher checkpoints such as $4.50, extending the cycle beyond 2025.
Sui (SUI) has crossed the $3.62 mark, confirming a shift into an Elliott Wave impulse pattern. This move signals a transition from corrective phases to a structured bullish cycle, attracting increased market attention.
Impulse Structure Confirmation
The move above $3.62 activated the white scenario, providing confirmation that Sui has entered an impulsive Elliott Wave structure. This technical development shifts focus from short‑term corrections toward a sustained bullish path.
Analyst Nology (@nology3000) explained that the current count reflects a nested 1–2 setup, which often produces a gradual but powerful upward trend. Such structures tend to accumulate over time instead of providing short‑term volatility.
Near‑term goal is still at resistance of $3.85‑$4.10, which would confirm the current impulse should it be overcome. Busting these checkpoints would further emphasize the opinion that SUI is creating a wider bullish cycle.
Momentum Builds with Technical Support
Momentum indicators align with the unfolding Elliott Wave count. Short‑term moving averages have turned upward, signaling renewed buying pressure after a corrective decline into the $3.20s. That decline respected higher support levels, especially around $3.10.
This structural alignment adds weight to the view that SUI is not yet in late stages of its cycle. Instead, price action reflects early development of a much larger impulsive move, consistent with nested wave interpretations.
According to the adjusted impulse targeting, extreme volatility is unlikely in the near‑term sub‑waves. Traders are preparing for steady stair‑step advances, with pullbacks seen as opportunities to rejoin the emerging trend.
Broader Cycle Extends Beyond 2025
The larger Elliott Wave framework suggests that full cycle completion is unlikely within 2025. Proportionality within Elliott structures often requires multiple years, and the current nested 1–2 indicates only the early stages.
Future checkpoints, particularly $4.10 and $4.50, will serve as key milestones to confirm trend progression. Sustained moves through these levels would validate continuation of the bullish impulse into higher zones.
Market Snapshot
Tim Heus (@timheus) added that the monthly chart low looks attractive, and any retest could offer a long entry. At present, Sui trades at $3.59 with a $1.52 billion daily volume, up 10.51 % over 24 hours.
Source: timheus via X