Yesterday's review and today's direction.
Yesterday (May 4th), SUI peaked at 3.38 before encountering pressure and slightly retreating into narrow range consolidation.
No obvious volume increase in selling pressure, indicating it belongs to a false breakdown washout + technical pullback.
Bullish structure remains intact, price still running in the midsection of the upward channel.
Yesterday's direction: High-level consolidation and washing out.
Today's expectation: End of consolidation → Upward breakout.
1. Daily Level: Continuation of momentum, main upward wave not finished!
The daily structure remains in high-level consolidation, belonging to the horizontal consolidation phase of the main upward wave.
The K-line has formed small positive/cross star patterns for four consecutive days, with volume gently decreasing, showing that bulls are still in control.
MA5 and MA10 golden cross upward, K-line is above the moving averages, support is clear.
MACD red bars are shrinking but still above the 0 axis, indicating that upward momentum is temporarily converging, but the trend is not broken.
Conclusion: The daily line constructs a 'horizontal flag consolidation', building momentum for a new round of upward attacks, still in a bullish market.
2. Four Hour Level: Key support validation completed, breakout imminent.
The K-line stabilized and rebounded after a slight pullback to the 3.28-3.30 area last night, with support remaining effective.
Bollinger Bands are narrowing, price is running just above the midline, indicating the market is entering a directional choice phase.
RSI is hovering between 50-55, momentum is in a neutral to strong position.
MACD is consolidating near the 0 axis, forming a potential golden cross structure; once the volume increases, it will explode with upward momentum.
Conclusion: The four-hour line shows SUI entering a strong support zone, which may break upward at any time.
3. One Hour Line: Downward test completed, low-level consolidation ending.
The one-hour K-line has just completed a round of volume-reducing pullback + consolidation at the bottom.
Current price is close to the MA20 moving average, with slight signs of opening in the Bollinger Bands, indicating a directional choice is imminent.
RSI is rising towards 60, MACD is about to golden cross, and volume is beginning to pick up.
Conclusion: Short-term turning point is clear, the main force may have completed accumulation, and the market is likely to start at any time.
4. Operational suggestions (high win-rate bullish strategy)
Opening position: 3.31
First Zhi Ying: 3.36
First Zhi Ying: 3.41
Stop loss level: 3.25
