USDT Dominance has broken out of the ascending triangle pattern and is currently retesting the breakout level. The Ichimoku Cloud is showing bullish strength, indicating potential upward momentum.
A successful retest could confirm a bullish trend, while a failed retest may lead to further consolidation within the pattern.
It's essential to note that an upward movement in USDT.D is typically considered a bearish signal for the cryptocurrency market due to their inverse relationship.