$BTC SUI is showing SOL-like 2021 energy, and the price action aligns well with what could be Wave 5 of an Elliott Wave structure, especially with today's +5.93% gain pushing toward key resistance.
Why $SUI Could Be in Wave 5
Wave 3 strength already confirmed with sharp volume and momentum.
Wave 4 likely formed a consolidation/pennant pattern.
Wave 5 target zone could extend toward $4.50–$5.20, depending on volume continuation and macro sentiment.
Rising on-chain activity, ecosystem growth, and increasing DeFi deployment on SUI mirrors SOL’s early breakout patterns.
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Key Levels to Watch
Immediate Support: $3.70 – $3.85
Breakout Confirmation: Sustained close above $4.00
Wave 5 Extension Targets:
• Conservative: $4.50
• Aggressive: $5.20+
Invalidation: Break below $3.60 with high volume.
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This could be the early-stage ignition of a broader altcoin bull cycle, especially if BTC/ETH hold their higher ranges. SUI’s fundamentals and price structure are lining up nicely.
buy and trade here $SUI .
