USDT.D has been stuck in a wide sideways range for the past 567 days — over a year of consolidation without a clear breakout or breakdown.
Despite a few fakeouts, price continues to respect both the upper resistance and lower demand zones. Now, it’s sitting right near the rising trendline (marked in red), which could be crucial.
A breakdown below this trendline may finally trigger movement in altcoins, allowing them to gain some traction. Until then, the market remains range-bound and uncertain.
Stay patient and wait for confirmation before entering strong positions.