The SUI/USDT trading pair has recently formed a rounding bottom pattern below the daily descending resistance, catching the attention of traders. This bullish chart pattern indicates a potential reversal in the price trend, with a gradual shift from selling pressure to buying pressure.
Traders and investors are now eagerly awaiting a retest of the descending resistance line, as a successful break above it could signal a significant upward move in the pair. Breaking above this resistance would not only validate the rounding bottom pattern but also indicate a potential shift towards a more bullish sentiment. #SUI