Alright, $SUI is doing something beautiful on the 4H — classic Wyckoff accumulation unfolding right in front of us. This is the kind of setup that separates chart readers from chart guessers.
Let me walk you through it step by step:
We've got the markdown phase — price dumps, weak hands panic, volume spikes on the way down. That's your Preliminary Supply (PSY) into the Selling Climax (SC). Smart money is absorbing all that fear.
Then comes the Automatic Rally (AR) — quick bounce off the lows. Nothing crazy, just enough to confirm we hit a floor. Now we're in the trading range.
Next is the Secondary Test (ST) — price dips back near the SC low but with way less volume. That's the tell. Sellers are exhausted. Nobody's left to dump.
Now we're in the Spring phase or about to be — a final shakeout below support to grab the last stop losses before the real move. If $SUI wicks below the range and snaps back fast, that's your confirmation.
After that? Sign of Strength (SOS) — a clean break above the trading range with volume. That's when accumulation ends and markup begins.
The trade here is simple: if we get the Spring fake-out and reclaim the range, I'm long with a tight stop below the wick. Target the top of the range first, then watch for the SOS breakout to ride the real leg up.
This is textbook. If it plays out, $SUI could rip hard. If it fails, the range breaks down and we bail clean. That's how you trade structure — not hope, not hype, just levels and confirmation.
Watch the 4H close. This one's setting up perfectly.
Let me walk you through it step by step:
We've got the markdown phase — price dumps, weak hands panic, volume spikes on the way down. That's your Preliminary Supply (PSY) into the Selling Climax (SC). Smart money is absorbing all that fear.
Then comes the Automatic Rally (AR) — quick bounce off the lows. Nothing crazy, just enough to confirm we hit a floor. Now we're in the trading range.
Next is the Secondary Test (ST) — price dips back near the SC low but with way less volume. That's the tell. Sellers are exhausted. Nobody's left to dump.
Now we're in the Spring phase or about to be — a final shakeout below support to grab the last stop losses before the real move. If $SUI wicks below the range and snaps back fast, that's your confirmation.
After that? Sign of Strength (SOS) — a clean break above the trading range with volume. That's when accumulation ends and markup begins.
The trade here is simple: if we get the Spring fake-out and reclaim the range, I'm long with a tight stop below the wick. Target the top of the range first, then watch for the SOS breakout to ride the real leg up.
This is textbook. If it plays out, $SUI could rip hard. If it fails, the range breaks down and we bail clean. That's how you trade structure — not hope, not hype, just levels and confirmation.
Watch the 4H close. This one's setting up perfectly.