The Trust Layer for Market Analysts

The SUiUSD chart indicates that the asset is currently testing a support area on the daily timeframe. While the overall trend remains bearish, the analysis suggests that a potential corrective move upwards is possible, targeting the resistance levels between $1.56 and $2.33. However, the current price action and lack of strong bullish signals suggest that further downside is still likely, with a potential retest of the February low around $0.778 or even lower.