We should take it slow before entering any trade right now ⚠️
$USDT dominance is heading toward an important real test: the descending trendline.
If it breaks above the descending trendline, the selloff in cryptocurrencies will be sharp, especially for $PEPE $SOL .
However, a rejection at 6.98 would be an excellent opportunity to trade short-term long positions, thanks to support at 6.89.
Let’s not rush into support at 6.89 until we see a more significant move—either a rejection or a breakout at 6.98.
$USDT dominance is heading toward an important real test: the descending trendline.
If it breaks above the descending trendline, the selloff in cryptocurrencies will be sharp, especially for $PEPE $SOL .
However, a rejection at 6.98 would be an excellent opportunity to trade short-term long positions, thanks to support at 6.89.
Let’s not rush into support at 6.89 until we see a more significant move—either a rejection or a breakout at 6.98.
