#USDT.D
The dollar is currently below a very important resistance zone.**
It was supposed to retest this zone and then decline—this was my plan to enter the market aggressively at the red arrow. However, it rose again to form a right shoulder, and now we're seeing an inverse head and shoulders pattern on the 4-hour timeframe, still under a higher timeframe resistance.
**Therefore, today's behavior is critical:**
- Either it reverses from here (like the green arrow) and drops sharply, allowing the market to rally strongly.
- Or it climbs back above the purple block, in which case we could be looking at a prolonged and violent correction, especially
for altcoins.