#USDT DOMINANCE ANALYSIS
USDT Dominance is facing rejection from the resistance trendline of a descending triangle pattern. It is currently trading below the Ichimoku Cloud, which is acting as a resistance barrier, reinforcing bearish pressure.
At this stage, it’s crucial to wait for a confirmed breakout or breakdown from the pattern to determine the next directional move.
Given USDT Dominance’s inverse correlation with the broader crypto market, a decline here may indicate strengthening bullish momentum across the crypto space.
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