# USDT Dominance Analysis
USDT Dominance is consolidating within a descending triangle pattern and is currently bouncing back from the horizontal demand zone.
The Ichimoku Cloud serves as a resistance barrier above the price action. A breakout or breakdown from the pattern is necessary to confirm the next directional move.
Due to USDT Dominance's inverse correlation with the broader crypto market, a decline in USDT Dominance could signal strengthening bullish momentum across the crypto space.