The analysis of SUIUSD on the 1-hour chart suggests that recent short-term upward price action constitutes a counter-trend three-wave (ABC) pattern, rather than a sustained five-wave impulse. A prior three-wave advance from the November 21st low ($1.31) to the December 3rd high ($1.85) was observed, followed by a three-wave decline. The current reaction from the December 26th low ($1.35) is interpreted as the potential initiation of the next leg within a broader C-wave. Fibonacci extension targets for this C-wave are projected between $1.6447 (138%) and $1.6935 (161.8%). The market's immediate bullish potential hinges on maintaining levels above the micro support zone of $1.35-$1.36. A decisive breach below the December 26th low at $1.35 would invalidate this short-term bullish outlook. To confirm sustained upside momentum and the commencement of a third wave within the C-wave, a break above the $1.49-$1.50 resistance level is required, which could lead to a micro five-wave advance.