48 hours ago, the Total Market Cap (TOTAL) was rejected at the daily descending resistance line, around $1.125T. Overnight, it dropped to $1.097T.
The daily Stochastic RSI continues to trend downward, indicating that the TOTAL might still decline further, potentially testing the next major support area at $1.025T - $1.06T.
Should the market rally once again and break the daily descending resistance line, the next resistance stands at $1.13T, followed by a major resistance line ranging between $1.175T and $1.2T.
And today, market seems to be showing Little green but not a good idea to enter long positions yet till full confirmations.
so it is advisable to use spot trades instead of futures now