diff --git a/crates/mono-project/src/project/version/ext.rs b/crates/mono-project/src/project/version/ext.rs
index 8199112..5be124b 100644
--- a/crates/mono-project/src/project/version/ext.rs
+++ b/crates/mono-project/src/project/version/ext.rs
@@ -38,7 +38,10 @@ pub trait VersionExt {
     /// Returns the next version after applying the given increment.
     fn bump(&self, increment: Increment) -> Version;
 
-    /// Returns the highest possible increment for the version.
+    /// Returns the minimum increment for the version.
+    fn min_bump(&self) -> Option<Increment>;
+
+    /// Returns the maximum increment for the version.
     fn max_bump(&self) -> Increment;
 
     /// Parses a version from a string, allowing for an optional `v` prefix.
@@ -113,15 +116,21 @@ impl VersionExt for Version {
         version
     }
 
-    /// Returns the highest possible increment for the version.
-    ///
-    /// This method returns the highest possible increment for this version,
-    /// taking into account special handling for `0.0.z` and `0.y.z` ranges.
+    /// Returns the minimum increment for the version.
+    fn min_bump(&self) -> Option<Increment> {
+        if let (0, 0) = (self.major, self.minor) {
+            Some(Increment::Patch)
+        } else {
+            None
+        }
+    }
+
+    /// Returns the maximum increment for the version.
     fn max_bump(&self) -> Increment {
         match (self.major, self.minor) {
             (0, 0) => Increment::Patch,
             (0, _) => Increment::Minor,
-            _ => Increment::Major,
+            (_, _) => Increment::Major,
         }
     }
 }
diff --git a/crates/mono-project/src/project/workspace/dependents/suggestion.rs b/crates/mono-project/src/project/workspace/dependents/suggestion.rs
index 149638a..7f3d2d8 100644
--- a/crates/mono-project/src/project/workspace/dependents/suggestion.rs
+++ b/crates/mono-project/src/project/workspace/dependents/suggestion.rs
@@ -25,10 +25,11 @@
 
 //! Version increment suggestion.
 
+use std::cmp;
 use std::collections::BTreeSet;
 
 use crate::project::manifest::Manifest;
-use crate::project::version::Increment;
+use crate::project::version::{Increment, VersionExt};
 use crate::project::{Project, Result};
 
 use super::Dependents;
@@ -66,6 +67,7 @@ where
     /// # Errors
     ///
     /// This method passes through errors returned by the given function.
+    #[allow(clippy::missing_panics_doc)]
     pub fn bump<F>(&self, increments: &mut [Option<Increment>], f: F) -> Result
     where
         F: Fn(Suggestion<'_, T>) -> Result<Option<Increment>>,
@@ -82,6 +84,17 @@ where
         // chosen by the caller are correctly propagated to dependents
         let incoming = self.graph.topology().incoming();
         for node in self.graph.traverse(sources) {
+            let project = self.graph[node];
+
+            // Obtain the current package version, and clamp the increment to
+            // the minimum and maximum viable increments for the given version.
+            // This ensures that we never suggest an increment lower or higher
+            // than what the version requires or allows.
+            let version = project.manifest.version().expect("invariant");
+            increments[node] = increments[node]
+                .map(|increment| cmp::min(increment, version.max_bump()))
+                .or(version.min_bump());
+
             // Obtain the unique version increments of all dependencies, and
             // collect them into a set for selection through the caller
             let mut options = BTreeSet::from_iter([increments[node]]);
@@ -94,7 +107,7 @@ where
             // Collect the suggested version increments, and invoke the given
             // function, remembering the returned version increment
             increments[node] = f(Suggestion {
-                project: self.graph[node],
+                project,
                 increments: &options.into_iter().collect::<Vec<_>>(),
             })?;
         }