Sui is one of the fastest-growing layer-1 blockchains in the crypto space. Its total value locked has surged 67% in the past 30 days to $2.9 billion, while its 24-hour DEX volume recently hit over $689 million. Much of this growth has been fueled by an expanding meme coin ecosystem.
Technicals indicate that Sui has more upside ahead. The three-day chart shows it has entered the fifth phase of the Elliott Wave pattern.
Elliott Wave theory outlines five stages of price movement: the first, third, and fifth waves tend to be bullish, while the second and fourth are corrective pullbacks.
Therefore, Sui price will likely rise and hit the all-time high of $5.2382, which is about 30% above the current level. A move above that resistance will point to more gains, potentially to $10 if the crypto bull run continues#TradeLessons #CryptoCPIWatch #CryptoRoundTableRemarks #BinanceAirdropNXPC $SUI