The analysis focuses on the SUI chart across both shorter and daily timeframes. The projected pathway for SUI remains consistent. On the daily timeframe, the asset is approaching previous swing lows and a significant support confluence around the $1.40 level. This region is identified by a 100% extension at $1.4126 and a 50% retracement, both aligning at approximately $1.40. This suggests substantial support, reinforced by prior swing lows observed in December and November. A bounce from this $1.40 area is deemed increasingly probable, potentially initiating a B-wave bounce. Resistance for this B-wave on the smaller timeframe is noted. Key Fibonacci retracement levels above this support include 23.60% at $1.6783, 38.20% at $1.9561, and 50% at $2.2138, which are critical resistance zones for any upward movement. Conversely, a failure to hold the $1.40 support would likely lead to further downside, with the next significant technical level identified at 123.60% extension around $1.0787, indicating a potential invalidation of the bullish bounce scenario.