The analysis focuses on SUIUSD. It suggests that the SUI chart has initiated a C wave bounce. The analysis points out that SUI held the November 21st and 22nd lows and is adhering to the micro-structure, which has been under observation for the past weeks. Examining a broader perspective, the video identifies a potential wave 4 bounce. Resistance is expected between $1.67 and $2.21. Should a fifth wave materialize, it could potentially drive the price down to $1.7 or even near the $1 area. The $1 area also marks where Fibonacci support levels align. Mentioned support level ranging between $0.91 and $1.7.