#USDT DOMINANCE ANALYSIS
USDT Dominance is currently consolidating within a descending triangle pattern, facing rejection from the resistance trendline. The Ichimoku Cloud is also acting as a resistance barrier above the price action, adding further pressure.
A decisive breakout or breakdown is needed to confirm the next directional move. This setup warrants close monitoring.
Given its inverse correlation with the broader cryptocurrency market, a decline in USDT Dominance could indicate growing bullish momentum across the crypto space.