Does the Bullish Engulfing work on Sui?

On Sui's daily chart, after a bullish engulfing Sui rose within 7 days 46% of the time across 57 past cases. On an ordinary day it did so 46% of the time.

No edge: a coin flipIndistinguishable from an ordinary day on this coin. Most patterns land here.
On SuiNo edge
46% of 57 casesbaseline 46%
All coinsNo edge
45% of 14,571 casesbaseline 46%
Median move after the pattern -1.21% vs -1.21% from any bar; after a 0.2% round trip of fees -1.41%.

Daily chart

WithinSuiOrdinary barCasesAll coinsVerdict
24 hours39% (28%–51%)46%6948% vs 48%No edge
30 days28% (15%–46%)47%2943% vs 42%Too few
7 days46% (33%–58%)46%5745% vs 46%No edge

4-hour chart

WithinSuiOrdinary barCasesAll coinsVerdict
24 hours45% (40%–51%)47%32848% vs 49%No edge
7 days42% (34%–50%)45%12948% vs 48%No edge

How this is measured: each occurrence is counted from the bar where the pattern became knowable, overlapping cases are dropped, and the result is compared with how often Sui moved the same way from any random bar over the same window. A pattern only earns "beat the baseline" when the difference is larger than luck explains across all the tests we run. Full method.

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