Others Dominance has just reacted negatively after touching the upper boundary of its rising channel and aligning with the midline of a larger channel. This confluence has triggered a bearish rejection.
📉 Likely Scenario:
If this rejection holds, Others Dominance could decline toward the channel bottom near 7.7%, signaling increased selling pressure on altcoins.
⚡ Conclusion:
As long as the resistance zone holds, the short-term outlook remains bearish. A clean breakout above resistance would be needed to shift this bias.
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