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$SUI is consolidating after the recent swing, with price coiling around the $1.60–1.62 range.
This zone is acting as a pivot, showing balance between buyers and sellers.
A clean push above $1.65 would open continuation toward $1.70+.
Failure to hold $1.58 would flip momentum back into a deeper retrace phase.
#AreYouBullishOrBearishToday? #SpotETFApprovalUpdates