💧#SUI may bounce off strong support

We see another round of decline in the market. Similar dynamics took Sui downward. Let's consider its chart on the 1-day timeframe.

The price has reached the support at the local minimum, ~$0.63. From here it is trying to form a bullish pin-bar candlestick pattern 🐃

A bullish double bottom pattern may also form from here. It is quite strong, but is still in the early stages of formation. The favorable factor here is the decrease in trading volume as the formation is formed.

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