$SUI /USDC is stabilizing above the 1.60–1.62 support zone after a strong bullish move from the recent lows. Price is holding above key short- and mid-term EMAs, showing controlled momentum rather than exhaustion.
From a trader’s perspective, the market is now at a decision point:
Bullish case: Holding above 1.62 keeps the structure intact, opening room for a continuation toward 1.68 → 1.72.
Pullback case: A healthy retrace toward 1.60–1.58 could provide a stronger base before the next leg higher.
Trader question:
Do you expect direct continuation from above 1.62, or a retest of support before the next breakout?
SUI
1.6095
+0.43%