Yesterday's Market Review (May 28)
Yesterday, SUI's overall performance was under pressure, maintaining a fluctuating pullback trend throughout the day, with the lowest pullback reaching around 3.50 for support. Subsequently, bulls gradually attempted a counterattack, peaking at 3.71 in the evening but faced resistance. From the market perspective, bearish strength is gradually fading, and bulls are beginning to build momentum, but overall volume is insufficient to effectively break through the upper pressure zone.
Two, Daily Line Analysis: Pullback confirms support, building momentum
Moving Average System: SUI's price on the daily chart is repeatedly fluctuating between EMA7 and EMA13, and the current price is attempting to stabilize above **EMA50 (3.83)**, but it has not yet broken through.
Bollinger Band narrowing is evident: BOLL is narrowing, and the price is operating below the middle track, indicating that a directional choice is imminent, leaning towards an upward breakout.
MACD bottom divergence established, golden cross gaining momentum: The daily MACD has shown preliminary intentions for a golden cross, with red bars emerging, indicating that the medium-term trend may strengthen.
Structural Support: The previous low of 3.50 has formed strong support. If it does not break down effectively, bulls are expected to continue attempting to break through the upper line.
Daily Conclusion: Medium-term trend is bullish, waiting for effective volume breakout above the key resistance level of 3.83-3.90.
Three, Four Hour Line Analysis: Fluctuation base building completed, strong reversal expected
EMA7/13/30 forms a twisting pattern, indicating a tug-of-war between bulls and bears, but the current price is above the moving average band, favoring bulls in controlling the pace.
The middle track of the Bollinger Band (3.61) is the current core support. If the price stabilizes above this area, a new wave of upward movement is brewing.
K-line Pattern: A 'double bottom structure' was formed in the 3.50-3.55 range, and last night's engulfing bullish candle basically confirms stabilization.
MACD is rising, red bars are expanding: Momentum recovery is evident, and the short-term bullish structure is strengthening.
Four Hour Conclusion: Bulls are attempting an active attack, focusing on the breakthrough situation in the 3.72-3.83 area.
Four, One Hour Line Analysis: Short-term counterattack, waiting for volume confirmation
Short-term EMA7 has turned upward and golden crossed EMA30/50, indicating an initial bullish technical outlook.
BOLL mouth slightly open, price breaks through middle track support, currently operating in the upper middle track area, indicating that the short-term market is gradually becoming active.
Trading volume remains low, indicating that it is still in the accumulation phase, and caution is needed against false breakouts and pullbacks.
One Hour Conclusion: Short-term rhythm is upward, but it is still necessary to observe whether the 3.72-3.75 area can break out with confirmation.
Five, Key Position Reference (suggest adjusting slightly based on actual market dynamics)
Type Position Description Value (USDT)
Opening position: 3.65
First Zhi Ying: 3.71
Second Zhi Ying: 3.76
Zhi Sun position: 3.59
