The analysis focuses on SUIUSD, classifying it as a Wave 2 correction within an Elliott Wave framework, starting around July 27-28. A critical support zone is identified between $2.64 and $2.73, which, if broken, suggests further downside. The June low of $2.30 acts as a hard invalidation point for the current wave count. The price needs to stay above $2.64 to maintain bullish sentiment; breaking below indicates weakness and a potential reevaluation of the wave structure. Upside confirmation requires breaking the $3.53 swing high, with a more substantial signal above $3.88. Further downside appears likely with support levels around $3.07 and $2.95. A reaction to the 50% retracement level has not translated to a convincing upside reaction.