The cryptocurrency market continues its rally, and Sui (SUI) stands out with its recent achievements. With a 44% increase over the past 90 days, SUI has caught analysts' attention.
Formation of SUI's Diagonal Structure
Based on the latest analytical data, SUI is forming a rare and valid Leading Diagonal structure, characterized by a 5-3-3-3-5 wave count. This pattern suggests a possible start of a larger impulse wave that could lead to significantly higher levels.
Predictions for SUI
If SUI can maintain its current position and continue to move higher within the diagonal structure, it could enter a powerful breakout phase. A sustained move above the $3.55–$4.30 zone could confirm the bullish bias, particularly if supported by rising volume and momentum.
Investor Recommendations
However, investors should closely monitor the lower boundary of the rising diagonal channel. A breakdown below this zone could invalidate the current wave count and lead to a deeper retracement — possibly back toward the $1.71 level.
Cryptocurrency Sui (SUI) continues to grow confidently and demonstrates promising technical indicators. Investors should remain vigilant and monitor changes in the market.
