This SUI Price Pattern Just Repeated Again, and It Could Mean a 4x Surge

The price of SUI could be gearing up for a massive breakout. A new chart shared by crypto analyst @suintern_ suggests that the token may be entering its most explosive rally yet. If the pattern holds, SUI might hit as high as $11.50 in the coming months.

This chart follows a very clear wave pattern, and the past performance of SUI seems to repeat the same setup over and over again. The chart is based on Elliott Wave Theory, which looks at market cycles through patterns of waves. And right now, SUI appears to be entering its Wave 3, usually the strongest and most profitable part of any bullish cycle.

The Pattern So Far: 3 Waves and Rising Momentum

Let’s break down what the chart is showing.

Wave 1 started in mid-2023 and ran through early 2024. During that time, SUI formed a falling wedge pattern before breaking out and surging by 505%. After that rally, it corrected and consolidated.

Then came Wave 2. It formed the same kind of wedge and followed a very similar breakout structure. This time, SUI jumped 1050%, climbing to new highs and proving the strength of the setup.

@suintern_ / X

Now we’re in Wave 3. So far, the structure is once again following the same rhythm. A wedge formed, and a breakout occurred. Based on the projection, this third wave could take SUI up by another 550% from the current level, possibly hitting around $11.50.

The repeating wedge patterns and wave-based growth suggest that the market is building up momentum in cycles. Each breakout has been stronger than the last, and Wave 3 is often the most powerful in this type of structure.

Why This SUI Chart Looks So Bullish

The chart shared by @suintern_ is not just visually appealing. It follows technical logic. The higher high and higher low formations show that SUI is in a confirmed uptrend. Each time the price pulls back, it finds a higher support zone. Then it bounces up with more strength.

What makes this current setup especially interesting is how cleanly the price action respects the wedge boundaries. Every breakout in the previous two waves started after the token moved within a narrowing wedge. That’s a classic bullish continuation pattern. In both Wave 1 and Wave 2, this led to 500% to 1000% rallies.

Now that SUI has started forming the third wedge breakout, the pattern could be repeating once more. If history is any guide, we may be in the early stages of the next parabolic move.

$11.50 Target: Realistic or Too Optimistic?

According to the chart from @suintern_, if Wave 3 plays out like the previous ones, the price of SUI could rise 550% from the current zone. That puts the target around $11.50. While that sounds ambitious, it’s not impossible if the bullish trend continues.

Crypto markets often move in cycles. When momentum picks up, assets with strong fundamentals and active communities tend to outperform. SUI has already proven it can attract capital and attention. The recent breakout confirms that buyers are stepping in again.

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Still, it’s important to remember that nothing in the crypto market is guaranteed. While patterns like this can be helpful, external factors, news events, and general market conditions also affect how high a token can go. But from a chart perspective, SUI has everything lined up for another major push.

SUI’s price chart is showing signs of another breakout in progress. With two major rallies already confirmed and a third wave now starting, all eyes are on whether this token can hit the projected $11.50 target. If the wave pattern holds, this could be one of the most explosive altcoin runs of the year.

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The post This SUI Price Pattern Just Repeated Again, and It Could Mean a 4x Surge appeared first on CaptainAltcoin.