### Technical Analysis:

Trending Cryptocurrencies are showing dump like $COOKIE $AI $AIXBT #qkc #usual

The current market landscape reveals significant bearish pressure across several cryptocurrencies, with COOKIE/USDT leading the decline at 16.70%, trading at $0.4110. This sharp drop has pushed the price below key support levels, indicating potential further downside. The recent price action suggests a bearish trend, highlighted by lower highs and lower lows on the chart. Traders should monitor the $0.4000 level, as a breach could trigger additional selling pressure. The RSI indicates momentum exhaustion, but any rebound may encounter resistance at $0.4400, making it crucial to watch for reversal signals.

Similarly, AI/FUSDT and AIXBT/USDC are experiencing declines of 16.21% and 16.12%, currently priced at $0.5822 and $0.4006, respectively. Both assets are testing critical support zones that, if broken, could lead to a further retracement towards their recent lows. AIXBT/USDT also mirrors this sentiment with a decline of 16.04%, trading at $0.4011. The confluence of bearish sentiment across these assets suggests a cautious approach for traders, with an emphasis on risk management. Meanwhile, QKC/USDT and USUAL/FDUSDT, down 16.01% and 15.70%, reinforce the prevailing trend, with key support levels in their sights. As the market navigates these turbulent waters, traders should remain vigilant, looking for signs of reversal and potential entry points as the situation evolves.