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$SUI is showing a healthy consolidation phase after a significant rally from 0.6726 to a high of 1.2939. The price is currently holding above the MA5 (1.1665) and MA10 (1.1637) which act as dynamic support.
The 30-day and 90-day gains (+52% and +57%) highlight its strong underlying trend. The recent news about Suilend discontinuing token issuance may introduce short-term uncertainty, but the technical structure remains bullish. I predict SUI will range between 1.15 and 1.25 in the short term.
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