The analysis on the daily timeframe indicates that SUIUSD is currently experiencing a corrective bounce, identified as Wave 4. This bounce initiated from a recent swing low in November. Resistance for this corrective upward movement is projected to be within the $1.67 to $2.21 range, with a critical level at $2.22. A sustained break above this $2.22 threshold would invalidate the current bearish outlook for a significant market bottom. The prevailing market structure suggests that the current bounce is a three-wave corrective move, which is anticipated to precede a further decline. The subsequent downside movement is expected to be Wave 5, targeting an area between $1.07 and $0.915. This target range is derived from Fibonacci extensions, with specific levels at 123.6% ($1.0787), 138.2% ($0.9151), and 161.8% ($0.6972). The overall pattern is interpreted as a five-wave decline, potentially an impulse or an ending diagonal. Examination of the shorter (1H) timeframe reinforces this perspective, showing three-wave structures within the current bounce, supporting the view that it is corrective. A wider Wave 4 scenario, potentially extending to the $2.07 area before the final decline, is also considered a plausible development given the nano-structures observed.