Huraian
⋅ As we can see with the dotted red line has held before and continues to hold even here.
If we go too low for too long(unlikely IMO) it might be a good time to tether.
I would not tether at this point.
If we look at the RSI, we have been bouncing in between the 46 and 56 zone( i call this the sideways zone) neither bullish nor bearish.
If we break 46rsi sell(for too long)
if we break 56 rsi hodl