SUI is showing a textbook-level double bottom formation on the weekly timeframe — the structure is quite clear and beautiful. What's more interesting is that when we switch to the daily chart, a strong breakout has already formed, and this breakout move is currently in progress.
But here's the key point that most people tend to overlook: patience.
The specific trading approach is quite simple: • Wait for a retest of this breakout point • Once a retest is confirmed, look for buying opportunities
Many people like to chase rallies, and the result is often buying at the top. The real money-making logic is to let the price pull back to confirm support, then enter on the second rise. SUI's formation has given us such a relatively comfortable entry opportunity — the key is to have the patience to wait.
SUI is showing a textbook-level double bottom formation on the weekly timeframe — the structure is quite clear and beautiful. What's more interesting is that when we switch to the daily chart, a strong breakout has already formed, and this breakout move is currently in progress.
But here's the key point that most people tend to overlook: patience.
The specific trading approach is quite simple:
• Wait for a retest of this breakout point
• Once a retest is confirmed, look for buying opportunities
Many people like to chase rallies, and the result is often buying at the top. The real money-making logic is to let the price pull back to confirm support, then enter on the second rise. SUI's formation has given us such a relatively comfortable entry opportunity — the key is to have the patience to wait.