The SUIUSD chart has been undergoing a corrective phase, characterized by sideways movement within a defined range. Analysis of the daily timeframe suggests continued downward pressure, anticipating a fifth wave to complete the current corrective structure. Potential downside targets are identified at approximately $1.08, $1.02, and a primary target of $0.91. Upward resistance is noted between $1.67 and $2.21, with a decisive break above $2.21, preferably in an impulsive five-wave sequence, required to invalidate the bearish long-term outlook. Currently, the market is exhibiting a bearish bias, with selling pressure remaining elevated. On the hourly chart, a micro five-wave advance from the December low is observed, potentially representing wave 1 of a C-wave rally. This was followed by a wave 2 pullback, reaching the 78.6% Fibonacci retracement level around $1.36. While an upside momentum from this point could signal the start of a third-wave rally, confidence in this short-term bullish scenario is low, given the absence of breaks above local swing highs. A breach below the $1.325 intraday low would negate the short-term 1-2 setup, potentially leading the price directly towards the $1.08 level. Overall, the expectation is for lower prices, with a larger bounce potentially preceding further declines.