The analysis focuses on SUIUSD. The current price is $3.39. The analyst discusses the possibility of an orange scenario in which a wave two pullback could occur at $2.64. A pivot point at the $3.11 level will determine whether the analyst removes the possibility of the price target of $5.50. Two more support levels were given as prices to watch if the $3.11 level breaks: $2.95 and $2.64, where it must hold for a direct bullish scenario. The analyst stated it needs to watch Bitcoin for SUI to hold support. Overall, he is still tracking the wave four correction, wave 1 to 5 upwards.