Strong downward trend in major currencies
$PEPE : 0.00001034 (−3.45%) - Loss of momentum, and continued short-term weakness.
$SUI : 3.471 (−3.79%) - Downward pressure pushing it towards the support level.
#LINK : 24.05 (−3.72%) - Intense selling pushing it below the daily support level.
$ENA : 0.6353 (−5.95%) - The largest decline among major currencies, a clear indication of seller dominance.
Market Outlook:
The overall trend is bearish with seller dominance. Unless buyers intervene at strong support levels, we may see deeper pullbacks. Traders should manage risks carefully and avoid chasing rebounds without confirmation. $PEPE