$SUI

Market Analysis on May 1, 2025: SUI/U (Not Investment Advice)

SUI/U (1-hour chart) quickly regained after breaking the ascending trend line and is currently in a key rebound confirmation phase. The strategy in the chart is to attempt a short position, with a high risk-reward ratio and a clear mindset.

【Market Structure】

• The price previously broke below the lower boundary of the ascending channel but did not continue to decline, instead quickly pulling back near the channel, showing some bullish resilience;

• The current position is a stabilization area after a retest of support, with slightly increased volume, indicating an attempt to rebound;

• The strategy is to go long near 3.487 U, with a stop loss below 3.449 U, targeting 3.578 U, with a risk-reward ratio of 2.31, a clear structure, and controlled risk.

【Support and Resistance】

• Support: 3.440～3.460 U (previous low + false breakdown reversal area);

• Resistance: 3.550～3.580 U (channel mid-axis + dense oscillation platform);

• If it strongly holds above 3.580 U, it is expected to return to the oscillation area above 3.70 U.

【Operational Suggestions】

• Currently suitable for light positions to go long with the trend, with strict stop loss control;

• If the price breaks below 3.440 U, the strategy will be invalid, and the market will need to be reassessed;

• If the rebound successfully breaks above the previous high of 3.58 U, consider adding to the position.

—— A false breakdown is a false move, a true signal is a real opportunity. Understanding the “counterattack” allows one to capture the second segment of profit.