#US DOLLAR ANALYSIS
The US dollar is consolidating within a descending triangle, reflecting market indecision. The Ichimoku Cloud acts as key support, preventing further downside while indicating momentum.
A breakdown below the cloud could trigger bearish pressure, leading to further declines. Conversely, a bounce might signal a shift in sentiment, keeping the price inside the triangle.
Traders should watch closely for a breakout or breakdown to determine the next move. Given the dollarโs inverse correlation with crypto, its direction could impact broader market trends.#MGXBinanceInvestment
