<ul data-eligibleForWebStory="false">SUI is forming a bullish Elliott Wave structure with Wave 5 targeting the $11.50 resistance.The asset has seen significant gains in Waves 1 and 3, increasing by over 505% and 1050%, respectively.SUI is currently priced at $2.92 within a downtrending wedge, indicating a potential breakout.Market sentiment shifting from bearish to bullish is benefiting altcoins like SUI, driving gains.