If I'm using terminal and typing in a line of text for a command, is there a hotkey or any way to clear/delete that line?

For example, if my current line/command is something really long like (the starting ">" isn't a prompt):

> git log --graph --all --blah..uh oh I want to cancel and clear this line <cursor is here now>

Is there a hotkey or command to go from the above to:

>

?

Usually I will press the ↓ key, and if my current line is a brand new one on the history, that will clear it. But if I'm going through my command history via the ↑ key and start editing or using those commands, ↓ will only change the prompt to the next newest command in history, so it doesn't work here unless I press ↓ multiple times.

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