This is an update on SUIUSD analysis on the 1H timeframe. Support is holding around $2.22 and $2.42 on the Coinbase chart. The speaker is cautious about the Coinbase chart due to discrepancies in the low price compared to other exchanges such as Binance, but stated that since it looks like the order books were working that is why he is using the Coinbase chart. A support zone is defined based on the rally after October 10th lows, between $2.22 and $2.42. If $2.22 holds, the focus is on higher prices, but with caution. A breakout to the upside is expected soon, potentially forming a third wave. If a third wave starts, it should be aggressive. There are five-wave movements to the upside, but without momentum. The nearest support area is $2.35 to $2.41. A break above the green line at $2.67 is a bullish objective, leading to targets of $3.02 and then $3.50. The speaker emphasized that without breaking $2.67, the analysis remains questionable.