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Stablecoin dominance testing important level

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INDEX:BTCUSD   Bitcoin
Note: the chart scale for the stablecoin dominance indicator is inverted so that down means down for crypto (up in % for stablecoin dom), and vice versa.

Stablecoin dominance is testing the 11.3% to 11.5% inverted-chart support, as shown here:
We can watch these levels for indications of which direction the next impulse will go to.
The colored arrows are examples of potential price action with would-be important pivot points circled in white.
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